Summary
Advanced Micro Devices, Inc. (AMD) has filed an 8-K report on July 30, 2024, announcing its financial results for the second quarter ended June 29, 2024. The report primarily incorporates a press release and presentation detailing the company's performance. Investors should note that AMD will be discussing these results, along with forward-looking financial guidance, during a conference call scheduled for July 30, 2024. The company is providing both GAAP and non-GAAP financial measures, with the latter intended to offer a clearer view of core operating performance and facilitate comparisons across periods by excluding certain items. Key information presented in the attached exhibits will cover AMD's financial position and operational outcomes for the second quarter. The company emphasizes that non-GAAP measures, such as non-GAAP gross profit, operating expenses, net income, and earnings per share, are supplementary to GAAP results and should be considered alongside them. Reconciliations for these non-GAAP measures to their most comparable GAAP figures are available within the press release and presentation.
Key Highlights
- 1AMD announced its second quarter 2024 financial results on July 30, 2024, via an 8-K filing.
- 2The report includes a press release (Exhibit 99.1) and a financial results presentation (Exhibit 99.2) for Q2 2024.
- 3A conference call to discuss Q2 results and provide future financial guidance is scheduled for July 30, 2024.
- 4The company is presenting both GAAP and non-GAAP financial measures to investors.
- 5Non-GAAP measures aim to provide a clearer view of core operating performance and aid in period-over-period comparisons.
- 6Reconciliations between non-GAAP and GAAP financial measures are provided in the accompanying press release and presentation.
- 7The information furnished in this report is not considered "filed" for Section 18 of the Exchange Act, unless specifically incorporated by reference in another filing.