8-KEarnings & ResultsRegulation FDExhibits & Filings

ADVANCED MICRO DEVICES INC 8-K Report, Financial Results (Apr 25, 2018)

Filed April 25, 2018For Securities:AMD

Summary

This 8-K filing from Advanced Micro Devices, Inc. (AMD) on April 25, 2018, announces the company's financial results for the fiscal quarter ended March 31, 2018. The report primarily serves to furnish the company's earnings press release, which contains both GAAP and non-GAAP financial measures. Investors should note that the non-GAAP measures are provided to offer a clearer view of the company's core operational performance by excluding certain items deemed not indicative of underlying results. The company encourages investors to review both the GAAP and non-GAAP figures, emphasizing that the non-GAAP measures are supplemental and not a substitute for GAAP reporting. The press release, attached as Exhibit 99.1, details the financial position and operational results for the first quarter of 2018, providing key metrics for evaluating AMD's performance during that period. This filing does not include any significant new business developments beyond the earnings announcement.

Key Highlights

  • 1AMD announced its financial results for the fiscal quarter ended March 31, 2018, via a press release filed on April 25, 2018.
  • 2The filing includes both GAAP and non-GAAP financial measures in its earnings announcement.
  • 3Non-GAAP financial measures such as gross margin, operating expenses, net income, and earnings per share are provided.
  • 4The company uses non-GAAP measures to aid investors in comparing core performance by excluding certain items.
  • 5Adjusted EBITDA and free cash flow are also presented as supplemental non-GAAP financial metrics.
  • 6AMD advises investors to evaluate GAAP results alongside non-GAAP measures, noting the latter are not replacements for GAAP.
  • 7The information provided is furnished under Items 2.02 and 7.01 and is not considered 'filed' for purposes of Section 18 of the Exchange Act.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce and provide the financial results of Advanced Micro Devices, Inc. (AMD) for the fiscal quarter ended March 31, 2018, through a furnished press release (Exhibit 99.1).

AMD presents both U.S. Generally Accepted Accounting Principles (GAAP) financial measures and supplemental non-GAAP financial measures. These non-GAAP measures include gross margin, operating expenses, operating income (loss), net income (loss), earnings (loss) per share, Adjusted EBITDA, and free cash flow.

AMD provides non-GAAP financial measures to assist investors in comparing the company's core performance by excluding items that management believes are not indicative of the company's underlying operating performance. However, the company emphasizes that these are supplemental and not a substitute for GAAP measures.

No, the information furnished in this report pursuant to Items 2.02 and 7.01, including the press release, is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section. It may be incorporated by reference into other SEC filings only if those filings specifically reference this furnished information.