Schlagwort: Earnings
AMD Reports First Quarter 2023 Financial Results
SANTA CLARA, Calif., May 02, 2023 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced revenue for the first quarter of 2023 of $5.4 billion, gross margin of 44%, operating loss of $145 million, net loss of $139 million and diluted loss per share of $0.09. On a non-GAAP(*) basis, gross margin was 50%, operating income was $1.1 billion, net income was $970 million and diluted earnings per share was $0.60.
“We executed very well in the first quarter as we delivered better than expected revenue and earnings in a mixed demand environment,” said AMD Chair and CEO Dr. Lisa Su. “We launched multiple leadership products and made significant progress accelerating our AI roadmap and customer engagements in the quarter. Longer-term, we see significant growth opportunities as we successfully deliver our roadmaps, execute our strategic data center and embedded priorities and accelerate adoption of our AI portfolio.”
“Our strategically important Data Center and Embedded segments contributed more than 50 percent of revenue in the first quarter,” said AMD EVP, CFO and Treasurer Jean Hu. “For the second quarter we expect sequential growth in our Data Center and Client segments offset by modest declines in our Gaming and Embedded segments. We remain confident in our growth in the second half of the year as the PC and server markets strengthen and our new products ramp.”
GAAP Quarterly Financial Results
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Intel Reports First-Quarter 2023 Financial Results
NEWS SUMMARY
- First-quarter revenue of $11.7 billion, down 36% year over year (YoY).
- First-quarter GAAP earnings (loss) per share (EPS) attributable to Intel was $(0.66); non-GAAP EPS attributable to Intel was $(0.04).
- Forecasting second-quarter 2023 revenue of $11.5 billion to $12.5 billion; expecting second-quarter EPS of $(0.62); non-GAAP EPS of $(0.04).
SANTA CLARA, Calif., April 27, 2023 – Intel Corporation today reported first-quarter 2023 financial results.
“We delivered solid first-quarter results, representing steady progress with our transformation,” said Pat Gelsinger, Intel CEO. “We hit key execution milestones in our data center roadmap and demonstrated the health of the process technology underpinning it. While we remain cautious on the macroeconomic outlook, we are focused on what we can control as we deliver on IDM 2.0: driving consistent execution across process and product roadmaps and advancing our foundry business to best position us to capitalize on the $1 trillion market opportunity ahead.”
David Zinsner, Intel CFO, said, “We exceeded our first-quarter expectations on the top and bottom line, and continued to be disciplined on expense management as part of our commitment to drive efficiencies and cost savings. At the same time, we are prioritizing the investments needed to advance our strategy and establish an internal foundry model, one of the most consequential steps we are taking to deliver on IDM 2.0.” (…) Weiterlesen »
AMD to Report Fiscal First Quarter 2023 Financial Results
SANTA CLARA, Calif., April 18, 2023 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) announced today that it will report fiscal first quarter 2023 financial results on Tuesday, May 2, 2023, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. ET / 2:00 p.m. PT. Interested parties are invited to listen to the webcast of the conference call via AMD’s Investor Relations website ir.amd.com. (…) Weiterlesen »
AMD to Report Fiscal First Quarter 2022 Financial Results
SANTA CLARA, Calif., April 14, 2022 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) announced today that it will report first quarter 2022 financial results on Tuesday, May 3, 2022, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EST / 2:00 p.m. PST. Interested parties are invited to listen to the webcast of the conference call via AMD’s Investor Relations website ir.amd.com.
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