Advanced Micro Devices (AMD) Revenue — Quarter Ended Jun 29, 2024
Revenue increased in the latest quarter compared to both the prior quarter and the same quarter a year earlier. The company reported a higher net income versus a year ago.
Key takeaway
Quarter ended Jun 29, 2024 · FY2024 Q2
Revenue increased in the latest quarter compared to both the prior quarter and the same quarter a year earlier. The company reported a higher net income versus a year ago.
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
+6.6%
Change from the immediately preceding quarter.
Year-over-year
+8.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.3B
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 |
|---|---|---|
| Sep 30, 2023 | $5.8B | +4.2% |
| Dec 30, 2023 | $6.2B | +10.2% |
| Mar 30, 2024 | $5.5B | +2.2% |
| Jun 29, 2024 | $5.8B | +8.9% |
Revenue performance
Revenue rose from the preceding quarter, reversing a prior decline.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. Versus the same quarter one year earlier, revenue also increased.
What to watch
The company's significant purchase commitments for the remainder of the fiscal year warrant monitoring.