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AMD: Q4 EPS up 42%

(CercleFinance.com) - AMD (Advanced Micro Devices) reports Q4 2024 adjusted EPS (non-GAAP) that is up 42% to $1.
09, with an adjusted gross margin that improved three points to 54%, on revenues up 24% to a record $7.66bn. NB: pmt -9.6%.

We closed 2024 with a strong Q4, while aggressively investing in AI and innovation to position us for long-term growth and value creation, it said.

The semiconductor manufacturer expects Q1 2025 sales of around $7.1bn (+30% y-o-y), give or take $300m, and expects a non-GAAP gross margin of around 54%.


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