AMD Reports Fourth Quarter and Full Year 2023 Financial Results

Non-GAAP(*) Quarterly Financial Results
 
  Q4 2023 Q4 2022 Y/Y Q3 2023 Q/Q
Revenue ($M)$6,168$5,599Up 10%$5,800Up 6%
Gross profit ($M)$3,133$2,859Up 10%$2,963Up 6%
Gross margin51%51%Flat51%Flat
Operating expenses ($M)$1,727$1,602Up 8%$1,697Up 2%
Operating income ($M)$1,412$1,262Up 12%$1,276Up 11%
Operating margin23%23%Flat22%Up 1 ppt
Net income ($M) $1,249 $1,113 Up 12% $1,135 Up 10%
Diluted earnings per share $0.77 $0.69 Up 12% $0.70 Up 10%
           



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