ADVANCED MICRO DEVICES INC

For the period ended Jun 29, 2024. Filed Jul 31, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 29, 2024 · Filed Jul 31, 2024

AMD$449.04+11.0%Stored close · as of Nov 6, 2026

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Contents

Condensed Consolidated Statements of Operations

	Three Months Ended		Six Months Ended
	June 29,2024	July 1,2023	June 29,2024	July 1,2023
(In millions, except per share amounts)
Net revenue	$5,835	$5,359	$11,308	$10,712
Cost of sales	2,740	2,704	5,423	5,393
Amortization of acquisition-related intangibles	231	212	461	517
Total cost of sales	2,971	2,916	5,884	5,910
Gross profit	2,864	2,443	5,424	4,802
Research and development	1,583	1,443	3,108	2,854
Marketing, general and administrative	650	547	1,270	1,132
Amortization of acquisition-related intangibles	372	481	764	999
Licensing gain	(10)	(8)	(23)	(18)
Operating income (loss)	269	(20)	305	(165)
Interest expense	(25)	(28)	(50)	(53)
Other income (expense), net	55	46	108	89
Income (loss) before income taxes and equity income	299	(2)	363	(129)
Income tax provision (benefit)	41	(23)	(11)	(10)
Equity income in investee	7	6	14	7
Net income (loss)	$265	$27	$388	$(112)
Earnings (loss) per share
Basic	$0.16	$0.02	$0.24	$(0.07)
Diluted	$0.16	$0.02	$0.24	$(0.07)
Shares used in per share calculation
Basic	1,618	1,612	1,617	1,612
Diluted	1,637	1,627	1,638	1,612

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.