AMD Q4 2022 Earnings Call + Q&A

#Shacknews #Business #stocks

Read More Here: https://www.shacknews.com/article/133948/amd-q4-2022-gaming-revenue-fell-7-percent

AMD has shared its Q4 2022 earnings report highlighting how gaming revenue came in at $1.6 billion, falling 7 percent year-over-year and driven by “lower gaming graphics sales partially offset by higher semi-custom product revenue.”

Gaming segment revenue was $1.6 billion, down 7% year-over-year driven by lower gaming graphics sales partially offset by higher semi-custom product revenue. Operating income was $266 million, or 16% of revenue, compared to $407 million or 23% a year ago. The operating income and margin decreases were primarily due to lower graphics revenue.

CONNECT WITH US!

FACEBOOK: https://www.facebook.com/shacknews
TWITTER: https://twitter.com/shacknews
INSTAGRAM: http://instagram.com/shacknewsmedia

Watch us live at http://www.twitch.tv/shacknews

To support the team, visit the site: http://www.shacknews.com