Amd reports first quarter 2024 financial results

Santa clara, calif., april 30, 2024 (globe newswire) -- amd (nasdaq:amd) today announced revenue for the first quarter of 2024 of $5.5 billion, gross margin of 47%, operating income of $36 million, net income of $123 million and diluted earnings per share of $0.07. on a non-gaap( *) basis, gross margin was 52%, operating income was $1.1 billion, net income was $1.0 billion and diluted earnings per share was $0.62.
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