AMD Q3 2024 Earnings Call Highlights:
1. Record revenue of $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 by 250 basis points to 54%
5. Earnings per share increased 31% year-over-year
6. Data center AI business growth with expanding deployments
7. Strong demand for Ryzen PC processors
8. Expects Q4 revenue of approximately $7.5 billion, up 22% year-over-year
Live Track
2024-11-29
AMD Q3 2024 Earnings Call Highlights:
1. Record revenue of $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 by 250 basis points to 54%
5. Earnings per share increased 31% year-over-year
6. Data center AI business growth with expanding deployments
7. Strong demand for Ryzen PC processors
8. Expects Q4 revenue of approximately $7.5 billion, up 22% year-over-year