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When is AMD’s Next Earnings Report? Your Definitive Guide

AMD’s next earnings report is scheduled for April 30, 2024, after market close. Investors and analysts will be eagerly awaiting the announcement, paying close attention to AMD’s financial performance for the first quarter of 2024.

Unpacking the Anticipation: What to Expect from AMD’s Q1 2024 Earnings

The tech world holds its breath whenever Advanced Micro Devices (AMD) prepares to release its earnings. It’s more than just numbers; it’s a temperature check on the entire semiconductor industry, a glimpse into future tech trends, and a gauge of AMD’s strategic execution against its competitors, most notably Intel and NVIDIA.

The upcoming report will be particularly crucial. We’re watching to see if AMD can sustain the momentum it’s built in the data center market with its EPYC server processors. Furthermore, how will the GPU segment fare, especially given the artificial intelligence (AI) boom driving demand for high-performance computing solutions? The analysts’ consensus estimates for AMD’s Q1 2024 earnings are valuable points for assessment.

Finally, given the broader macroeconomic climate, analysts will be watching AMD’s guidance closely for any shifts. We anticipate an earnings call shortly after the release, where AMD’s leadership, including CEO Lisa Su, will elaborate on the results and answer questions from analysts. This call is just as crucial as the report, offering valuable insights into the company’s strategy and outlook.

Frequently Asked Questions (FAQs) about AMD’s Earnings

Here are 12 frequently asked questions, providing additional valuable information for anyone closely following AMD’s performance and trajectory:

H3 What Time Will AMD’s Earnings Be Released?

AMD typically releases its earnings report after the market closes on the scheduled date. This generally means the report will be available around 4:00 PM Eastern Time (ET). Immediately following the release, the report can be found on AMD’s Investor Relations website. The live webcast of the earnings call will usually begin at 5:00 PM ET on the same day.

H3 Where Can I Find the AMD Earnings Report?

The official AMD earnings report will be available on the Investor Relations section of AMD’s website. Navigate to the “Investors” tab, where you’ll find a press release containing the key financial figures and management commentary. It’s also available on most major financial news websites.

H3 What are Key Metrics to Watch in the AMD Earnings Report?

Several crucial metrics reveal the health and potential of AMD:

Revenue: Overall sales performance indicates the demand for AMD’s products. Look for year-over-year (YoY) and quarter-over-quarter (QoQ) growth.
Gross Margin: This percentage reveals AMD’s profitability after accounting for the cost of goods sold. A higher gross margin indicates stronger pricing power and efficient cost management.
Operating Income: This shows AMD’s earnings from core business operations after deducting operating expenses.
Net Income: The bottom-line profit after all expenses, including taxes and interest, are factored in.
Earnings Per Share (EPS): This metric measures the company’s profitability on a per-share basis. It’s a key indicator for investors.
Data Center Revenue: Pay close attention to the growth of the data center segment driven by EPYC processors.
Client Revenue: This reflects the performance of AMD’s desktop and laptop processors.
Gaming Revenue: Track the sales of Radeon GPUs and custom chips for gaming consoles.
Guidance: Management’s outlook for the next quarter and full year provides insight into their expectations for future performance.

H3 How Does AMD’s Performance Compare to Intel and NVIDIA?

Comparing AMD’s earnings with those of its main rivals, Intel and NVIDIA, provides a crucial understanding of its competitive positioning. Focus on market share gains or losses in key segments like CPUs and GPUs, and how their respective strategies are playing out in a rapidly changing landscape. In particular, evaluate how AMD is capturing the growth opportunities in AI compared to NVIDIA.

H3 What is the Significance of AMD’s Data Center Segment?

AMD’s data center segment, powered by EPYC server processors, is a critical growth driver. The demand for high-performance computing in the cloud and enterprise environments has fueled this segment’s expansion. Watch for continued gains in server market share against Intel.

H3 How Important is the Gaming Segment for AMD?

The gaming segment, encompassing Radeon GPUs and custom chips for consoles like PlayStation and Xbox, remains a significant contributor to AMD’s revenue. Look for trends in GPU sales and the impact of new console releases.

H3 What Role Does the AI Boom Play in AMD’s Earnings?

The surge in artificial intelligence (AI) is reshaping the semiconductor industry. AMD is actively targeting the AI market with its GPUs and specialized processors. Observe how AMD is positioning itself to capture a portion of the growing AI chip demand, particularly in high-performance computing applications.

H3 What Factors Could Impact AMD’s Stock Price After the Earnings Release?

Several factors can influence AMD’s stock price following the earnings release:

Earnings Beat or Miss: Exceeding or falling short of analyst expectations for revenue and EPS.
Guidance: Management’s outlook for future performance.
Gross Margin: A surprise increase or decrease in gross margin.
Analyst Ratings: Changes in ratings from financial analysts.
Market Sentiment: Overall market conditions and investor sentiment.

H3 What is the Importance of the Earnings Call?

The earnings call provides an opportunity for AMD’s management to discuss the results in detail, answer questions from analysts, and provide insights into the company’s strategy and outlook. This call often reveals more nuanced information than the earnings report itself.

H3 How Can I Listen to the AMD Earnings Call?

You can usually listen to the AMD earnings call through a live webcast available on the Investor Relations section of AMD’s website. A replay of the call is often available shortly after the live event.

H3 Where Can I Find Analyst Estimates for AMD’s Earnings?

Financial news websites like Yahoo Finance, Bloomberg, and Reuters typically provide analyst estimates for AMD’s revenue and EPS. These estimates represent the consensus expectations of financial analysts covering the stock.

H3 What is AMD’s Strategy for the Future?

AMD’s strategy centers on delivering high-performance computing solutions across various markets, including data centers, PCs, and gaming. A key aspect is its focus on chiplet designs, which allow for greater flexibility and scalability. Further, AMD is increasingly focusing on the AI Market through its CPUs and GPUs.

By staying informed and analyzing these factors, investors can gain a deeper understanding of AMD’s performance and its potential for future growth. We recommend watching the Q1 2024 earnings report and subsequent earnings call closely.