Moody's Ratings (Moody's) assigned a Baa1 senior unsecured rating to Owens Corning's (OC) proposed senior unsecured notes due 2030. The Baa1 ratings on OC's other senior unsecured notes are not affected by the new notes issuance. The outlook remains stable. The proposed notes are being exchanged f...
AMD Reports First Quarter 2024 Financial Results SANTA CLARA, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the first quarter of 2024 of $5.5 billion, gross margin of 47%, operating income of $36 million, net income of $123 million and diluted earnings per share of $0.07. On a non-GAAP(*) basis, gross margin was 52%, operating income was $1.1 billion, net income was $1.0 billion and diluted earnings per share was $0.62. “We delivered strong first quarter results with our Data Center and Client segments each growing more than 80% year-over-yea...
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