{"id":67537,"date":"2023-02-01T06:35:40","date_gmt":"2023-02-01T05:35:40","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=67537"},"modified":"2023-02-01T06:35:40","modified_gmt":"2023-02-01T05:35:40","slug":"amd-reports-fourth-quarter-and-full-year-2022-financial-results","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/67537-amd-reports-fourth-quarter-and-full-year-2022-financial-results\/","title":{"rendered":"AMD<\/span> Reports Fourth Quarter and Full Year 2022 Financial Results"},"content":{"rendered":"

\u2015 Record full year reve\u00adnue of $23.6 Bil\u00adli\u00adon up 44% year-over-year \u2015<\/em><\/p>\n

SANTA<\/span> CLARA<\/span>, Calif., Jan. 31, 2023 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>:AMD<\/span>) today announ\u00adced reve\u00adnue for the fourth quar\u00adter of 2022 of $5.6 bil\u00adli\u00adon, gross mar\u00adgin of 43%, ope\u00adra\u00adting loss of $149 mil\u00adli\u00adon, net inco\u00adme of $21 mil\u00adli\u00adon and diluted ear\u00adnings per share of $0.01. On a non-GAAP(*)<\/sup> basis, gross mar\u00adgin was 51%, ope\u00adra\u00adting inco\u00adme was $1.3 bil\u00adli\u00adon, net inco\u00adme was $1.1 bil\u00adli\u00adon and diluted ear\u00adnings per share was $0.69.<\/p>\n

For full year 2022, the com\u00adpa\u00adny repor\u00adted reve\u00adnue of $23.6 bil\u00adli\u00adon, gross mar\u00adgin of 45%, ope\u00adra\u00adting inco\u00adme of $1.3 bil\u00adli\u00adon, net inco\u00adme of $1.3 bil\u00adli\u00adon and diluted ear\u00adnings per share of $0.84. On a non-GAAP(<\/sup>*<\/sup>)<\/sup> basis, gross mar\u00adgin was 52%, ope\u00adra\u00adting inco\u00adme was $6.3 bil\u00adli\u00adon, net inco\u00adme was $5.5 bil\u00adli\u00adon and diluted ear\u00adnings per share was $3.50.<\/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>\nQ4<\/span> 2022<\/strong><\/td>\nQ4<\/span> 2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$5,599<\/td>\n$4,826<\/td>\nUp 16%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$2,403<\/td>\n$2,426<\/td>\nFlat<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n43%<\/td>\n50%<\/td>\nDown 740 bps<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$2,557<\/td>\n$1,223<\/td>\nUp 109%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme (loss) ($M)<\/td>\n$(149)<\/td>\n$1,207<\/td>\nDown 112%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n(3)%<\/td>\n25%<\/td>\nDown 28pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$21<\/td>\n$974<\/td>\nDown 98%<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.01<\/td>\n$0.80<\/td>\nDown 99%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Non-GAAP<\/strong>(*) <\/strong><\/sup>Quar\u00adter\u00adly Finan\u00adcial Results<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\nQ4<\/span> 2022<\/strong><\/td>\nQ4<\/span> 2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$5,599<\/td>\n$4,826<\/td>\nUp 16%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$2,859<\/td>\n$2,427<\/td>\nUp 18%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n51%<\/td>\n50%<\/td>\nUp 70 bps<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$1,602<\/td>\n$1,103<\/td>\nUp 45%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$1,262<\/td>\n$1,328<\/td>\nDown 5%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n23%<\/td>\n27%<\/td>\nDown 4pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$1,113<\/td>\n$1,122<\/td>\nFlat<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.69<\/td>\n$0.92<\/td>\nDown 25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Annu\u00adal Finan\u00adcial Results<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\nGAAP<\/span><\/strong><\/td>\nNon-GAAP<\/strong>(*)<\/strong><\/sup><\/td>\n<\/tr>\n
 <\/td>\n2022<\/strong><\/td>\n2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\n2022<\/strong><\/td>\n2021<\/strong><\/td>\nY\/Y<\/strong><\/td>\n<\/tr>\n
Reve\u00adnue ($M)<\/td>\n$23,601<\/td>\n$16,434<\/td>\nUp 44%<\/td>\n$23,601<\/td>\n$16,434<\/td>\nUp 44%<\/td>\n<\/tr>\n
Gross pro\u00adfit ($M)<\/td>\n$10,603<\/td>\n$7,929<\/td>\nUp 34%<\/td>\n$12,273<\/td>\n$7,934<\/td>\nUp 55%<\/td>\n<\/tr>\n
Gross mar\u00adgin %<\/td>\n45%<\/td>\n48%<\/td>\nDown 330bps<\/td>\n52%<\/td>\n48%<\/td>\nUp 370bps<\/td>\n<\/tr>\n
Ope\u00adra\u00adting expen\u00adses ($M)<\/td>\n$9,441<\/td>\n$4,293<\/td>\nUp 120%<\/td>\n$6,030<\/td>\n$3,877<\/td>\nUp 56%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting inco\u00adme ($M)<\/td>\n$1,264<\/td>\n$3,648<\/td>\nDown 65%<\/td>\n$6,345<\/td>\n$4,069<\/td>\nUp 56%<\/td>\n<\/tr>\n
Ope\u00adra\u00adting margin %<\/td>\n5%<\/td>\n22%<\/td>\nDown 17pp<\/td>\n27%<\/td>\n25%<\/td>\nUp 2pp<\/td>\n<\/tr>\n
Net inco\u00adme ($M)<\/td>\n$1,320<\/td>\n$3,162<\/td>\nDown 58%<\/td>\n$5,504<\/td>\n$3,435<\/td>\nUp 60%<\/td>\n<\/tr>\n
Ear\u00adnings per share<\/td>\n$0.84<\/td>\n$2.57<\/td>\nDown 67%<\/td>\n$3.50<\/td>\n$2.79<\/td>\nUp 25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u201c<\/span>2022 was a strong year for AMD<\/span> as we deli\u00adver\u00aded best-in-class growth and record reve\u00adnue despi\u00adte the weak PC<\/span> envi\u00adron\u00adment in the second half of the year,\u201d said AMD<\/span> Chair and CEO<\/span> Dr. Lisa Su. \u201cWe acce\u00adle\u00adra\u00adted our data cen\u00adter momen\u00adtum and clo\u00adsed our stra\u00adte\u00adgic acqui\u00adsi\u00adti\u00adon of Xilinx, signi\u00adfi\u00adcant\u00adly diver\u00adsi\u00adfy\u00ading our busi\u00adness and streng\u00adthening our finan\u00adcial model. Alt\u00adhough the demand envi\u00adron\u00adment is mixed, we are con\u00adfi\u00addent in our abili\u00adty to gain mar\u00adket share in 2023 and deli\u00adver long-term growth based on our dif\u00adfe\u00adren\u00adtia\u00adted pro\u00adduct portfolio.\u201d<\/p>\n

Q4<\/span> 2022 Results<\/strong><\/p>\n