AMD Reports Second Quarter 2022 Financial Results
| | |
Three Months Ended |
| | |
June 25,
2022 | |
June 26,
2021 | |
|
GAAP net income / earnings per share | |
$ |
447 | | |
$ |
0.27 | | |
$ |
710 | | |
$ |
0.58 | | |
| Loss on debt redemption/conversion | | | — | | | | — | | | | 1 | | | | — | | |
| (Gains) losses on equity investments, net | | | 10 | | | | — | | | | — | | | | — | | |
| Stock-based compensation | | | 259 | | | | 0.16 | | | | 83 | | | | 0.06 | | |
| Equity income in investee | | | (4 | ) | | | — | | | | (2 | ) | | | — | | |
| Acquisition-related costs (1) | | | 174 | | | | 0.11 | | | | 10 | | | | 0.01 | | |
| Amortization of acquired intangible assets | | | 1,023 | | | | 0.63 | | | | — | | | | — | | |
| Income tax provision | | | (202 | ) | | | (0.12 | ) | | | (24 | ) | | | (0.02 | ) | |
|
Non-GAAP net income / earnings per share | |
$ |
1,707 | | |
$ |
1.05 | | |
$ |
778 | | |
$ |
0.63 | | |
| | | | | | | | | | |
