AMD Results Presentation Deck
24
FINANCIAL OUTLOOK - NON-GAAP¹
($ in millions)
Revenue
Gross Margin
Operating Expenses
Effective Tax Rate
Diluted Share Count²
Q4'23
Q3 2023 FINANCIAL RESULTS - OCTOBER 31, 2023
~$6.1 Billion +/- $300 Million
Increase of ~9% y/y and ~5% q/q
~51.5%
~$1.74 Billion
~13% of pre-tax income
~1.63 Billion shares
1. See Cautionary Statement on Slide 2. These forward-looking outlook statements and non-GAAP measures are based on current expectations as of October 31, 2023, and assumptions and beliefs
that involve numerous risks and uncertainties. AMD undertakes no intent or obligation to publicly update or revise its outlook statements as a result of new information, future events or otherwise, except
as may be required by law. All items, except revenue, are on a non-GAAP basis. Adjustments to arrive at the GAAP financial outlook typically include stock-based compensation, amortization of acquired
intangible assets, income tax provision, and other non-recurring items such as impairment charges and acquisition-related costs. The timing and impact of such adjustments are dependent on future
events that are typically uncertain or outside of AMD's control, therefore, a reconciliation to equivalent GAAP measures is not practicable at this time.
2. Refer to Diluted Share Count overview in the Appendices
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