Advanced Micro Devices (AMD) Revenue — Quarter Ended Dec 30, 2023
Revenue for the quarter was up sequentially, marking a second consecutive increase after two prior periods of decline. On an annual comparison, revenue also rose, reflecting growth relative to the same quarter one year ago.
Key takeaway
Quarter ended Dec 30, 2023 · FY2023 Q4
Revenue for the quarter was up sequentially, marking a second consecutive increase after two prior periods of decline. On an annual comparison, revenue also rose, reflecting growth relative to the same quarter one year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
+6.3%
Change from the immediately preceding quarter.
Year-over-year
+10.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.7B
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 |
|---|---|---|
| Apr 1, 2023 | $5.4B | -9.1% |
| Jul 1, 2023 | $5.4B | -18.2% |
| Sep 30, 2023 | $5.8B | +4.2% |
| Dec 30, 2023 | $6.2B | +10.2% |
Revenue performance
The reported revenue advanced from the preceding quarter, sustaining the positive momentum observed in the prior sequential period. The year-over-year increase reinforced the positive trend.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved. Relative to the same quarter one year earlier, revenue was higher, widening the contrast with the earlier year-ago decline shown in the trailing data.
What to watch
The filing context references risk factors and debt agreement restrictions; the company's ability to maintain sequential growth warrants monitoring.