Amd reports first quarter 2023 financial results

Santa clara, calif., may 02, 2023 (globe newswire) -- amd (nasdaq:amd) today announced revenue for the first quarter of 2023 of $5.4 billion, gross margin of 44%, operating loss of $145 million, net loss of $139 million and diluted loss per share of $0.09. on a non-gaap( *) basis, gross margin was 50%, operating income was $1.1 billion, net income was $970 million and diluted earnings per share was $0.60.
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