Advanced Micro Devices (AMD) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased both sequentially and compared to the same quarter one year earlier. The improvement reversed the prior sequential decline seen in the previous two quarters.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased both sequentially and compared to the same quarter one year earlier. The improvement reversed the prior sequential decline seen in the previous two quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.8B
Revenue reported for this quarter.
Quarter-over-quarter
+8.2%
Change from the immediately preceding quarter.
Year-over-year
+4.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $5.6B | +16.0% |
| Apr 1, 2023 | $5.4B | -9.1% |
| Jul 1, 2023 | $5.4B | -18.2% |
| Sep 30, 2023 | $5.8B | +4.2% |
Revenue performance
Net revenue rose from the previous quarter, indicating a rebound from the prior sequential decline. Revenue was also higher than the same quarter one year earlier.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew. Compared to the same quarter one year ago, revenue also increased.
What to watch
The filing context does not provide a specific driver for the revenue change; future quarters should be monitored for sustained growth.