As a seasoned gamer who has witnessed the ebb and flow of the gaming industry for decades, I must say that AMD’s recent financial report has left me somewhat puzzled. The 69% drop in revenue for their Gaming segment in Q3 2024 is certainly eye-catching, to put it mildly.
As a dedicated gamer, I’ve just dived into AMD’s Q3 2024 earnings report, offering an insightful look into their recent journey. Beyond the usual figures of revenue and Earnings Per Share (EPS), this report reveals a significant dip in the Gaming segment’s revenue during Q3 2024.
In the Summary Section of AMD’s Q3 2024 Financial Report, you’ll find details about their Gaming sector. Their income from this division was $462 million, a significant decrease of 69% compared to Q3 2023. To clarify, this segment encompasses their discrete GPUs, semi-custom System on Chip (SoC) products, and related development services.
AMD’s shares experienced a significant drop during extended trading hours, reaching a low of around $154.24, following a closing price of $166.25 earlier in the day.
According to the comprehensive report from AMD, they surpassed the predicted revenue figures, while their earnings per share met expectations. Keep up with Shacknews for further updates on financial matters.
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2024-10-29 23:57