AMD Reports Fourth Quarter and Full Year 2024 Financial Results

SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced financial results for the fourth quarter and full year of 2024. Fourth quarter revenue was a record $7.7 billion, gross margin was 51$871 million, net income was $482 million and diluted earnings per share was$0.29. On a non-GAAP(*) basis, gross margin was 54%, operating income was a record $2.0 billion, net income was a record$1.8 billion and diluted earnings per share was $1.09. For the full y ...