{"id":64962,"date":"2022-05-03T22:39:02","date_gmt":"2022-05-03T20:39:02","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=64962"},"modified":"2022-05-03T22:39:02","modified_gmt":"2022-05-03T20:39:02","slug":"amd-reports-first-quarter-2022-financial-results","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/64962-amd-reports-first-quarter-2022-financial-results\/","title":{"rendered":"AMD<\/span> Reports First Quarter 2022 Financial Results"},"content":{"rendered":"

\u2015 Record quar\u00adter\u00adly reve\u00adnue of $5.9 bil\u00adli\u00adon grew 71% year-over-year; <\/em>Gross mar\u00adgin grew 2 per\u00adcen\u00adta\u00adge points and <\/em>non-GAAP gross mar\u00adgin grew 7 per\u00adcen\u00adta\u00adge points year-over-year<\/em> \u2015<\/em><\/p>\n

SANTA<\/span> CLARA<\/span>, Calif., May 03, 2022 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>:AMD<\/span>) today announ\u00adced reve\u00adnue for the first quar\u00adter of 2022 of $5.9 bil\u00adli\u00adon, gross mar\u00adgin of 48%, ope\u00adra\u00adting inco\u00adme of $951 mil\u00adli\u00adon, ope\u00adra\u00adting mar\u00adgin of 16%, net inco\u00adme of $786 mil\u00adli\u00adon and diluted ear\u00adnings per share of $0.56. On a non-GAAP(<\/sup>*<\/sup>)<\/sup> basis, gross mar\u00adgin was 53%, ope\u00adra\u00adting inco\u00adme was $1.8 bil\u00adli\u00adon, net inco\u00adme was $1.6 bil\u00adli\u00adon and diluted ear\u00adnings per share was $1.13. First quar\u00adter 2022 results include par\u00adti\u00adal quar\u00adter finan\u00adcial results from the recent\u00adly com\u00adple\u00adted acqui\u00adsi\u00adti\u00adon of Xilinx which clo\u00adsed Febru\u00adary 14, 2022.<\/p>\n

Exclu\u00adding Xilinx, AMD<\/span> had record quar\u00adter\u00adly reve\u00adnue of $5.3 bil\u00adli\u00adon, non-GAAP gross mar\u00adgin of 51% and non-GAAP ope\u00adra\u00adting mar\u00adgin of 30%. 
\n\u201cThe first quar\u00adter mark\u00aded a signi\u00adfi\u00adcant inflec\u00adtion point in our jour\u00adney to sca\u00adle and trans\u00adform AMD<\/span> as we deli\u00adver\u00aded record reve\u00adnue and clo\u00adsed our stra\u00adte\u00adgic acqui\u00adsi\u00adti\u00adon of Xilinx,\u201d said AMD<\/span> Chair and CEO<\/span> Dr. Lisa Su. \u201cEach of our busi\u00adnesses grew by a signi\u00adfi\u00adcant dou\u00adble digit per\u00adcen\u00adta\u00adge year-over-year, led by EPYC<\/span> ser\u00adver pro\u00adces\u00adsor reve\u00adnue more than doubling for the third straight quar\u00adter. Demand remains strong for our lea\u00adder\u00adship pro\u00adducts, with our increased full-year gui\u00addance reflec\u00adting hig\u00adher AMD<\/span> orga\u00adnic growth and the addi\u00adti\u00adon of the gro\u00adwing Xilinx business.\u201d<\/p>\n

GAAP<\/span> Quar\u00adter\u00adly Finan\u00adcial Results<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\nQ1<\/span> 2022<\/strong><\/td>\nQ1<\/span> 2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\nQ4<\/span> 2021<\/strong><\/td>\nQ\/Q<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$5,887<\/td>\n$3,445<\/td>\nUp 71%<\/td>\n$4,826<\/td>\nUp 22%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$2,818<\/td>\n$1,587<\/td>\nUp 78%<\/td>\n$2,426<\/td>\nUp 16%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n48%<\/td>\n46%<\/td>\nUp 190 bps<\/td>\n50%<\/td>\nDown 240 bps<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$1,950<\/td>\n$929<\/td>\nUp 110%<\/td>\n$1,223<\/td>\nUp 59%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$951<\/td>\n$662<\/td>\nUp 44%<\/td>\n$1,207<\/td>\nDown 21%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n16%<\/td>\n19%<\/td>\nDown 3pp<\/td>\n25%<\/td>\nDown 9pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$786<\/td>\n$555<\/td>\nUp 42%<\/td>\n$974<\/td>\nDown 19%<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.56<\/td>\n$0.45<\/td>\nUp 24%<\/td>\n$0.80<\/td>\nDown 30%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/strong><\/p>\n

Non-GAAP(*) Quar\u00adter\u00adly Finan\u00adcial Results<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\nQ1<\/span> 2022<\/strong><\/td>\nQ1<\/span> 2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\nQ4<\/span> 2021<\/strong><\/td>\nQ\/Q<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$5,887<\/td>\n$3,445<\/td>\nUp 71%<\/td>\n$4,826<\/td>\nUp 22%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$3,100<\/td>\n$1,588<\/td>\nUp 95%<\/td>\n$2,427<\/td>\nUp 28%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n53%<\/td>\n46%<\/td>\nUp 660 bps<\/td>\n50%<\/td>\nUp 240 bps<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$1,346<\/td>\n$830<\/td>\nUp 62%<\/td>\n$1,103<\/td>\nUp 22%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$1,837<\/td>\n$762<\/td>\nUp 141%<\/td>\n$1,328<\/td>\nUp 38%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n31%<\/td>\n22%<\/td>\nUp 9pp<\/td>\n27%<\/td>\nUp 4pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$1,589<\/td>\n$642<\/td>\nUp 148%<\/td>\n$1,122<\/td>\nUp 42%<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$1.13<\/td>\n$0.52<\/td>\nUp 117%<\/td>\n$0.92<\/td>\nUp 23%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/strong><\/p>\n

Non-GAAP(*) Quar\u00adter\u00adly Finan\u00adcial Results (Exclu\u00adding Xilinx)<\/strong><\/p>\n\n\n\n\n\n\n\n\n
 <\/td>\nQ1<\/span> 2022<\/strong><\/td>\nQ1<\/span> 2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\nQ4<\/span> 2021<\/strong><\/td>\nQ\/Q<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$5,328<\/td>\n$3,445<\/td>\nUp 55%<\/td>\n$4,826<\/td>\nUp 10%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$2,712<\/td>\n$1,588<\/td>\nUp 71%<\/td>\n$2,427<\/td>\nUp 12%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n51%<\/td>\n46%<\/td>\nUp 480 bps<\/td>\n50%<\/td>\nUp 60 bps<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$1,604<\/td>\n$762<\/td>\nUp 110%<\/td>\n$1,328<\/td>\nUp 21%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n30%<\/td>\n22%<\/td>\nUp 8pp<\/td>\n27%<\/td>\nUp 3pp<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/strong><\/p>\n

Q1<\/span> 2022 Results<\/strong><\/p>\n