AMD Reports First Quarter 2023 Financial Results
| | |
Three Months Ended |
| | |
April 1,
2023 | |
March 26,
2022 |
|
GAAP net income (loss) / earnings (loss) per share | |
$ |
(139 |
) | |
$ |
(0.09 |
) | |
$ |
786 | | |
$ |
0.56 | |
| (Gains) losses on equity investments, net | | | (1 | ) | | | — | | | | 44 | | | | 0.03 | |
| Stock-based compensation | | | 305 | | | | 0.19 | | | | 174 | | | | 0.12 | |
| Equity income in investee | | | (1 | ) | | | — | | | | (3 | ) | | | — | |
| Acquisition-related costs (1) | | | 115 | | | | 0.07 | | | | 233 | | | | 0.17 | |
| Amortization of acquired intangible assets | | | 823 | | | | 0.51 | | | | 479 | | | | 0.34 | |
| Income tax provision | | | (132 | ) | | | (0.08 | ) | | | (124 | ) | | | (0.09 | ) |
|
Non-GAAP net income / earnings per share | | |
970 | | | |
0.60 | | | |
1,589 | | | |
1.13 | |
