AMD Reports Third Quarter 2024 Financial Results


  Three Months Ended
  September 28,
2024
  June 29,
2024
  September 30,
2023
GAAP net income / earnings per share $ 771   $ 0.47   $ 265   $ 0.16   $ 299   $ 0.18 
(Gains) losses on equity investments, net (1)           (4)   
Stock-based compensation 351   0.21   346   0.21   353   0.22 
Equity income in investee (7)         (7 )           (3 )      
Amortization of acquisition-related intangibles   585       0.36       603       0.37       660       0.41  
Acquisition-related and other costs (1)   56       0.03       46       0.03       39       0.02  
Income tax provision   (251 )     (0.15 )     (127 )     (0.08 )     (209 )     (0.13 )
Non-GAAP net income / earnings per share $ 1,504     $ 0.92     $ 1,126     $ 0.69     $ 1,135     $ 0.70  

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