AMD Sees Long-Term Revenue Growth of About 20% CAGR, Gross Margin Above 57% -Breaking
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© REUTERS AMD (AMD) Sees Long-Term Revenue Growth of About 20% CAGR, Gross Margin Above 57%
We are Investing.com staff
Advanced Micro Devices Inc. (NASDAQ:) presented its long-term financial plan at today’s Investor Day. The company described it as “strong and compelling”.
The company has seen a revenue increase of approximately 20% with the recent Xilinx merge.
A richer product mixture will have a higher gross margin of 57%.
As it invests its growth funds, operating costs are approximately 22-24%
As the company grows margins and profits, the operating margin will be in the middle to mid-30%.
FCF margins exceed 25%, which shows its potential to generate significant cash flow.
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