Table of Contents
Hey guys. About 15 hours into the work day after a marathon day yesterday. If there's an extra typo or two in here, I apologize.
The brief AMD snapshot is for everyone. The detailed Shopify and Coupang reviews are for paid readers. Upgrade to read the full article.
In case you missed it:
- Palantir & Hims Earnings Reviews.
- Uber Earnings Review.
- Meta Earnings Review.
- Alphabet Earnings Review.
- Apple, ServiceNow & Starbucks Earnings Reviews.
- Amazon & Mercado Libre Earnings Reviews.
- PayPal Earnings Review.
- Tesla Earnings Review.
- SoFi Earnings Review.
- Netflix Earnings Review.
- Taiwan Semi Earnings Review.
- My current portfolio & performance vs. the S&P 500.
1. AMD (AMD) – Brief Earnings Snapshot
a. Results
- Beat revenue estimate by 5.8% & beat guidance by 6.3%.
- Data center revenue beat estimates by 4.8%.
- Met GPM estimate & met GPM guidance.
- Beat FCF estimates by 16.5%.
- Beat EBIT estimate by 3.1%. Beat $1.17 EPS estimates by $0.03.
b. Guidance & Valuation
- Q4 revenue guidance beat estimates by 4.2%.
- Q4 GPM guidance met 54.5% estimates.
c. Balance Sheet
- $7.2B in cash & equivalents.
- $3.2B in total debt.
- 0.3% Y/Y share share count dilution.
- $3.2B in total debt; slight Y/Y share count reduction.