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AMD — Feb 4, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000002488-25-000009
Open on SEC.gov ↗
Showing in the filing
Ryzen enterprise platforms
“100+”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
Ryzen enterprise platforms for FY2025
“100+”
Ryzen AI platforms expected to be available … for FY2024
“150+”
Revenue for Q1 FY2025
“~$7.1 Billion, +/- $300 Million”
Operating Expenses for Q1 FY2025
“~$2.1 Billion”
Interest Expense/Other Income (Expense), net for Q1 FY2025
“~$24 Million”
Effective Tax Rate for Q1 FY2025
“~13% of pre-tax income”
Diluted Share Count for Q1 FY2025
“~1.64 Billion shares”
Exhibit 99.1 · the passage around this item
… earlier in the release
  3 Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 20253 Expanding Customer & Partner Ecosystem Data Center and AI Growth Strong Financial Foundation Leadership Product Portfolio OUR JOURNEY   4 Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 2025 Leadership Foundational IP Accelerating innovation in silicon architecture, advanced packaging, and software Open, Proven Software Ecosystem Delivering flexibility, transparency and choice to Developers Breadth and Depth of Portfolio Scaling compute engines from Cloud to Edge to Endpoints with leadership performance per watt​ Deep, Collaborative Partnerships Computing partner of choice across AI, data center, embedded, PCs, and gaming HIGH PERFORMANCE & ADAPTIVE COMPUTING LEADERSHIP   5 Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 20255 LARGE GROWTH OPPORTUNITIES Across a Diverse Set of Markets Embedded Computing leadership for diverse markets and devices Client Performance and energy efficiency for productivity, AI, gaming and content creation Data Center Leadership performance and TCO across cloud, enterprise and AI workloads Gaming Stunning visuals and immersive experiences for PC and console gaming   6 Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 2025 Fastest supercomputer, El Capitan, breaking Exascale Barrier Second AMD powered supercomputer to break exascale barrier AMD Instinct MI300X accelerators in IBM Cloud Bringing AMD Instinct MI300X into IBM Cloud for AI and HPC Workloads Launched ROCm 6.3 Continued evolution of open AI software ecosystem X86 Ecosystem Advisory Group LEADING-EDGE DATA CENTER INNOVATION Q4 Announcements Industry group will shape the future of the world’s most widely used computing architecture   7 Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 2025 AMD Ryzen AI Max and Ryzen AI Max PRO Series The power of a workstation in a thin and light laptop AMD Ryzen AI 300 and Ryzen AI 300 PRO Series Expanded lineup for the world’s best AI PCs AMD Ryzen 9950X3D Desktop Processors Extended gaming performance leadership 100+ Ryzen enterprise platforms through 2025 Systems from all leading OEMs EXPANDED CONSUMER AND COMMERCIAL AI PC PORTFOLIO Announced at CES 2025   Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 20258 REVENUE Q4 2024 ▪ Record revenue of $7.7 billion increased 24% y/y ▪ Revenue growth in Data Center and Client segments partially offset by lower revenue in Gaming and Embedded segments $6.2B $7.7B Q4 2023 Q4 2024   Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 20259 GROSS MARGIN Q4 2024 1. See Appendices for GAAP to Non-GAAP reconciliation Non-GAAP1 47% 51% Q4 2023 Q4 2024 GAAP Increase in gross margin driven by a favorable shift in revenue mix with higher Data Center and Client revenues, lower Gaming revenue, partially offset by the impact of lower Embedded revenue 51% 54% Q4 2023 Q4 2024   Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 202510 Q4 2023 Q4 2024 $0.3B $0.9B OPERATING INCOME Q4 2024 1. See Appendices for GAAP to Non-GAAP reconciliation GAAP Non-GAAP1 $1.4B $2.0B Q4 2023 Q4 2024 Increase in both GAAP and non-GAAP operating income driven by higher revenue and gross margin   Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 202511 $0.77 $1.09 Q4 2023 Q
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.