AMD Results Presentation Deck slide image

AMD Results Presentation Deck

17 1. 2. Revenue FINANCIAL OUTLOOK - NON-GAAP Gross Margin % Operating Expenses Operating Expenses/Revenue % Interest Expense, Taxes and Other Effective Tax Rate Cash Tax Rate Diluted Share Count² Q4 2021 $4.5 Billion +/- $100 Million ~49.5% THIRD QUARTER 2021 FINANCIAL RESULTS | OCTOBER 26, 2021 ~$1.15 Billion ~25% -$170 Million -1.22 billion shares 1 FY 2021 Growth of -65% y/y ~48% ~15% of pre-tax income ~2% of pre-tax income ~24% ~1.23 billion shares See Cautionary Statement on Slide 2. These forward-looking outlook statements and non-GAAP measures are based on current expectations as of October 26, 2021, 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, non-cash interest expense related to convertible debt, income tax provision, equity income in investee, and other non-recurring items such as loss on debt redemption/conversion, 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. Refer to Diluted Share Count overview in the Appendices AMD
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