Server room data center - 3d rendering
Categories

AMD reports non-GAAP Q1 revenue grew 55% to $5.3B

Advanced Micro Devices reported its revenues and earnings for the first quarter ended March 31 beat expectations, with revenue growing 55% to $5.3 billion on a non-GAAP basis (excluding Xilinx results).

Non-GAAP net income for the quarter was $1.6 billion, or 1.13 cents a share, beating expectations of 91 cents a share on a non-GAAP basis. AMD’s shares are up 4.6% to $95.39 a share in after-hours trading.

Unlock premium content and VIP community perks with GB M A X!
Join now to enjoy our free and premium membership perks.
Join Now
Already a member? Sign in
Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.