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SANTA CLARA, Calif., Jan. 31, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the fourth quarter of 2022 of $5.6 billion, gross margin of 43%, operating loss of $149 million, net income of $21 million and diluted earnings per share of $0.01. On a non-GAAP(*) basis, gross margin was 52%, operating income was $6.3 billion, net income was $5.5 billion and diluted earnings per share was $3.50. Real-time analyst ratings, insider transactions, earnings data, and more. Previously, estimates were around. The company expects first-quarter 2022 revenues to be $5 billion (+/-$100 million), which indicates year-over-year . This information is provided for illustrative purposes only. In terms of revenue, Disney needs to report results above $20.96 . Chip giant Advanced Micro Devices is scheduled to announce its fourth-quarter results on Tuesday. AMZN Earnings Date and Information Amazon.com last released its earnings data on February 2nd, 2023. Copyright 1998 - 2023 EarningsWhispers, - the professionals' earnings expectation. All these. From time to time, the Company may also sell or license portions of its IP portfolio. No cash balance or cash flow is included in the calculation. AMD reported earnings as many of its rival chipmakers. About AMDFor more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. On a combined AMD and Xilinx company basis, 2022 pro forma revenue was $24.1 billion, up 20% compared to $20.1 billion in 2021. Record full year revenue of $23.6 Billion up 44% year-over-year . The price to earnings (P/E) ratio has dropped to only 16 which is low for most semiconductor stocks. The operating margin decrease was primarily due to higher R&D investments to support growth. The price/earnings-to-growth ratio is 3.87. The larger the percentage increase in estimate revisions, the better. The report notes this is a decrease of 6 percentage points YoY primarily due to amortization of intangible assets associated with the Xilinx acquisition. Meanwhile, net income sat at $66 million for the quarter with diluted earnings per share at $0.04. KLA Corp. The good news for the bulls is that the stock is now considered cheap compared to where it was in Q4 2021. Trades from $ 1. In the previous quarter, Advanced Micro Devices (NASDAQ:AMD) reported $0.69 earnings per share (EPS) to beat the analysts' consensus estimate of $0.67 by $0.02. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Read Transcript. Diluted earnings per share was $0.84 compared to $2.57 in the prior year. The semiconductor manufacturer reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.02. The consensus earnings estimate was $1.08 per share on revenue of $449.4 million. Amazon.com (NASDAQ:AMZN) has a forward price-to-earnings ratio of 68.78. The average AMD stock price target of $85.09 implies nearly 13% upside potential. ZacksTrade and Zacks.com are separate companies. Amazon.com last announced its earnings data on February 2nd, 2023. How much profit does Amazon.com generate each year? Zacks Premium Subscription Required Learn more. The unaudited pro forma revenue is presented on the basis of the Companys fiscal year and combines the historical results of the fiscal periods of the Company with the following historical results of Xilinx: the year ended December 31, 2022 includes Xilinx revenue for the twelve-month period beginning January 2, 2022 through December 31, 2022; and the year ended December 25, 2021 includes Xilinx revenue for the twelve months ended January 1, 2022. What is Advanced Micro Devices's price-to-earnings ratio? The chart below shows up to four years of a company's earnings history. Get daily stock ideas from top-performing Wall Street analysts. Despite these impressive numbers, Earnings Whispers looks to. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Our daily ratings and market update email newsletter. Advanced Micro Devices ( AMD -1.05%) went into its third-quarter earnings report with a bunch of catalysts in the personal computing, video gaming, and data center segments. The Earnings Whisper number was $1.09 per share. My sister is always struggling with money and drugs: I own a house with my husband and mother. The higher the percentage of upward revisions, the better. * indicates the important links in the menu, After-Market: Learn more on AMD's earnings history. TXN, Pre-acquisition revenue for the year ended December 31, 2022 includes unaudited Xilinx revenue from January 2, 2022 to February 13, 2022. AMD also provided adjusted EBITDA and free cash flow as supplemental non-GAAP measures of its performance. INTC, These non-GAAP financial measures referenced are reconciled to their most directly comparable GAAP financial measures in the data tables in this earnings press release. 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth. Material factors that could cause actual results to differ materially from current expectations include, without limitation, the following: Intel Corporations dominance of the microprocessor market and its aggressive business practices; global economic uncertainty; cyclical nature of the semiconductor industry; market conditions of the industries in which AMD products are sold; loss of a significant customer; impact of the COVID-19 pandemic on AMDs business, financial condition and results of operations; competitive markets in which AMDs products are sold; quarterly and seasonal sales patterns; AMD's ability to adequately protect its technology or other intellectual property; unfavorable currency exchange rate fluctuations; ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; availability of essential equipment, materials, substrates or manufacturing processes; ability to achieve expected manufacturing yields for AMDs products; AMD's ability to introduce products on a timely basis with expected features and performance levels; AMD's ability to generate revenue from its semi-custom SoC products; potential security vulnerabilities; potential security incidents including IT outages, data loss, data breaches and cyber-attacks; potential difficulties in upgrading and operating AMDs new enterprise resource planning system; uncertainties involving the ordering and shipment of AMDs products; AMDs reliance on third-party intellectual property to design and introduce new products in a timely manner; AMD's reliance on third-party companies for design, manufacture and supply of motherboards, software and other computer platform components; AMD's reliance on Microsoft and other software vendors' support to design and develop software to run on AMDs products; AMDs reliance on third-party distributors and add-in-board partners; impact of modification or interruption of AMDs internal business processes and information systems; compatibility of AMDs products with some or all industry-standard software and hardware; costs related to defective products; efficiency of AMD's supply chain; AMD's ability to rely on third party supply-chain logistics functions; AMDs ability to effectively control sales of its products on the gray market; impact of government actions and regulations such as export administration regulations, tariffs and trade protection measures; AMDs ability to realize its deferred tax assets; potential tax liabilities; current and future claims and litigation; impact of environmental laws, conflict minerals-related provisions and other laws or regulations; impact of acquisitions, joint ventures and/or investments, including acquisitions of Xilinx and Pensando, on AMDs business and AMDs ability to integrate acquired businesses; impact of any impairment of the combined companys assets on the combined companys financial position and results of operation; restrictions imposed by agreements governing AMDs notes, the guarantees of Xilinxs notes and the revolving credit facility; AMD's indebtedness; AMD's ability to generate sufficient cash to meet its working capital requirements or generate sufficient revenue and operating cash flow to make all of its planned R&D or strategic investments; political, legal, economic risks and natural disasters; future impairments of goodwill and technology license purchases; AMDs ability to attract and retain qualified personnel; AMDs stock price volatility; and worldwide political conditions. Amazon.com (NASDAQ:AMZN) has a recorded net income of -$2.72 billion. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. -0.37% Agreement is the extent to which all earnings estimates are being revised in the same direction. The operating income and margin decreases were primarily due to lower graphics revenue. SANTA CLARA, Calif., Jan. 31, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the fourth quarter of 2022 of $5.6 billion, gross margin of 43%, operating loss of $149 million, net income of $21 million and diluted earnings per share of $0.01. Gross margin was 45%, a decrease of 3 percentage points over 2021 primarily due to amortization of intangible assets associated with the Xilinx acquisition. If you wish to go to ZacksTrade, click OK. -0.47% Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. It delivers better performance, a larger screen, and a second full thumbstick for only $149. Bernstein analyst Stacy Rasgon, who has a market perform rating and a $130 price target, said AMDs execution remains strong. Investors should not view free cash flow as an alternative to GAAP liquidity measures of cash flows from operating activities. No representations and warranties are made as to the reasonableness of the assumptions. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter. Free cash flow was $443 million in the quarter compared to $736 million a year ago. For example: if there are 10 estimate revisions for a given period, and all were up, that would be a 100% positive agreement on the direction of estimate revisions. An Overview of Blue Chips. The dark blue line represents the company's actual revenue. Learn more on AMZN's earnings history. 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