― Record quar­ter­ly reve­nue of $5.9 bil­li­on grew 71% year-over-year; Gross mar­gin grew 2 per­cen­ta­ge points and non-GAAP gross mar­gin grew 7 per­cen­ta­ge points year-over-year ―

SANTA CLARA, Calif., May 03, 2022 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announ­ced reve­nue for the first quar­ter of 2022 of $5.9 bil­li­on, gross mar­gin of 48%, ope­ra­ting inco­me of $951 mil­li­on, ope­ra­ting mar­gin of 16%, net inco­me of $786 mil­li­on and diluted ear­nings per share of $0.56. On a non-GAAP^(*) basis, gross mar­gin was 53%, ope­ra­ting inco­me was $1.8 bil­li­on, net inco­me was $1.6 bil­li­on and diluted ear­nings per share was $1.13. First quar­ter 2022 results include par­ti­al quar­ter finan­cial results from the recent­ly com­ple­ted acqui­si­ti­on of Xilinx which clo­sed Febru­ary 14, 2022.

Exclu­ding Xilinx, AMD had record quar­ter­ly reve­nue of $5.3 bil­li­on, non-GAAP gross mar­gin of 51% and non-GAAP ope­ra­ting mar­gin of 30%. 
“The first quar­ter mark­ed a signi­fi­cant inflec­tion point in our jour­ney to sca­le and trans­form AMD as we deli­ver­ed record reve­nue and clo­sed our stra­te­gic acqui­si­ti­on of Xilinx,” said AMD Chair and CEO Dr. Lisa Su. “Each of our busi­nesses grew by a signi­fi­cant dou­ble digit per­cen­ta­ge year-over-year, led by EPYC ser­ver pro­ces­sor reve­nue more than doubling for the third straight quar­ter. Demand remains strong for our lea­der­ship pro­ducts, with our increased full-year gui­dance reflec­ting hig­her AMD orga­nic growth and the addi­ti­on of the gro­wing Xilinx busi­ness.” (…) Wei­ter­le­sen »