Advanced Micro Devices (NYSE: AMD) reported earnings on April 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Advanced Micro Devices beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted slightly and GAAP earnings per share dropped to a loss.

Margins dropped across the board.

Revenue details
Advanced Micro Devices reported revenue of $1.59 billion. The 29 analysts polled by S&P Capital IQ expected revenue of $1.56 billion on the same basis. GAAP reported sales were 1.7% lower than the prior-year quarter's $1.61 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.12. The 27 earnings estimates compiled by S&P Capital IQ anticipated $0.09 per share on the same basis. GAAP EPS were -$0.80 for Q1 against $0.68 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 1.7%, 4,140 basis points worse than the prior-year quarter. Operating margin was -36.1%, 3,980 basis points worse than the prior-year quarter. Net margin was -37.2%, 6,880 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.59 billion. On the bottom line, the average EPS estimate is $0.12.

Next year's average estimate for revenue is $6.71 billion. The average EPS estimate is $0.65.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,096 members out of 3,745 rating the stock outperform, and 649 members rating it underperform. Among 659 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 536 give Advanced Micro Devices a green thumbs-up, and 123 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Advanced Micro Devices is hold, with an average price target of $7.61.

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