{"id":65833,"date":"2022-08-02T22:09:34","date_gmt":"2022-08-02T20:09:34","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=65833"},"modified":"2022-08-02T22:09:34","modified_gmt":"2022-08-02T20:09:34","slug":"amd-reports-second-quarter-2022-financial-results","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/65833-amd-reports-second-quarter-2022-financial-results\/","title":{"rendered":"AMD<\/span> Reports Second Quarter 2022 Financial Results"},"content":{"rendered":"

 Record quar\u00adter\u00adly reve\u00adnue of $6.6 bil\u00adli\u00adon grew 70% year-over-year;<\/em>
\nRecord quar\u00adter\u00adly ope\u00adra\u00adting cash flow excee\u00added $1 billion \u2015<\/em><\/p>\n

SANTA<\/span> CLARA<\/span>, Calif., Aug. 02, 2022 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>:AMD<\/span>) today announ\u00adced reve\u00adnue for the second quar\u00adter of 2022 of $6.6 bil\u00adli\u00adon, gross mar\u00adgin of 46%, ope\u00adra\u00adting inco\u00adme of $526 mil\u00adli\u00adon, ope\u00adra\u00adting mar\u00adgin of 8%, net inco\u00adme of $447 mil\u00adli\u00adon and diluted ear\u00adnings per share of $0.27. On a non-GAAP(*)<\/sup> basis, gross mar\u00adgin was 54%, ope\u00adra\u00adting inco\u00adme was $2.0 bil\u00adli\u00adon, ope\u00adra\u00adting mar\u00adgin was 30%, net inco\u00adme was $1.7 bil\u00adli\u00adon and diluted ear\u00adnings per share was $1.05.<\/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>\nQ2<\/span> 2022<\/strong><\/td>\nQ2<\/span> 2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$6,550<\/td>\n$3,850<\/td>\nUp 70%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$3,028<\/td>\n$1,830<\/td>\nUp 65%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n46%<\/td>\n48%<\/td>\nDown 140 bps<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$2,508<\/td>\n$1,000<\/td>\nUp 151%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$526<\/td>\n$831<\/td>\nDown 37%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n8%<\/td>\n22%<\/td>\nDown 14 pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$447<\/td>\n$710<\/td>\nDown 37%<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.27<\/td>\n$0.58<\/td>\nDown 53%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Non-GAAP(*) Quar\u00adter\u00adly Finan\u00adcial Results<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\nQ2<\/span> 2022<\/strong><\/td>\nQ2<\/span> 2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$6,550<\/td>\n$3,850<\/td>\nUp 70%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$3,538<\/td>\n$1,832<\/td>\nUp 93%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n54%<\/td>\n48%<\/td>\nUp 640 bps<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$1,562<\/td>\n$909<\/td>\nUp 72%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$1,982<\/td>\n$924<\/td>\nUp 115%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n30%<\/td>\n24%<\/td>\nUp 6 pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$1,707<\/td>\n$778<\/td>\nUp 119%<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$1.05<\/td>\n$0.63<\/td>\nUp 67%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u201c<\/span>We deli\u00adver\u00aded our eighth straight quar\u00adter of record reve\u00adnue based on our strong exe\u00adcu\u00adti\u00adon and expan\u00added pro\u00adduct port\u00adfo\u00adlio,\u201d said AMD<\/span> Chair and CEO<\/span> Dr. Lisa Su. \u201cEach of our seg\u00adments grew signi\u00adfi\u00adcant\u00adly year-over-year, led by hig\u00adher sales of our data cen\u00adter and embedded pro\u00adducts. We see con\u00adtin\u00adued growth in the back half of the year high\u00adligh\u00adted by our next gene\u00adra\u00adti\u00adon 5nm pro\u00adduct ship\u00adments and sup\u00adport\u00aded by our diver\u00adsi\u00adfied busi\u00adness model.\u201d<\/p>\n

Q2<\/span> 2022 Finan\u00adcial Summary<\/strong><\/p>\n