AMD Q3 2024 Financial Results Highlights:
1. Strong revenue growth: $6.8 billion, up 18% year-over-year
2. Data Center segment revenue more than doubled year-over-year
3. Client segment revenue grew 29% year-over-year
4. Gross margin expanded to 54%, up 250 basis points year-over-year
5. Earnings per share increased 31% year-over-year to $0.92
6. Data Center segment now accounts for 52% of total revenue
7. Instinct GPU sales exceeded expectations, full-year guidance raised to over $5 billion
8. Strong adoption of EPYC processors in cloud and enterprise markets
9. Q4 2024 revenue outlook: appro
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2024-11-29
AMD Q3 2024 Financial Results Highlights:
1. Strong revenue growth: $6.8 billion, up 18% year-over-year
2. Data Center segment revenue more than doubled year-over-year
3. Client segment revenue grew 29% year-over-year
4. Gross margin expanded to 54%, up 250 basis points year-over-year
5. Earnings per share increased 31% year-over-year to $0.92
6. Data Center segment now accounts for 52% of total revenue
7. Instinct GPU sales exceeded expectations, full-year guidance raised to over $5 billion
8. Strong adoption of EPYC processors in cloud and enterprise markets
9. Q4 2024 revenue outlook: approximately $7.5 billion, up 22% year-over-year