AMD’s Q3 2024 earnings report is here and chronicles the past few months at the tech company. In addition to the revenue and EPS figures, the report shows that AMD’s Gaming segment revenue fell staggeringly in Q3 2024.

The Segment Summary section AMD Q3 2024 Earnings Report provides figures for the company’s Gaming division. Revenue was $462 million, representing a 69% decline compared to the third quarter of 2023. The company goes on to clarify that “the gaming segment primarily includes discrete GPUs and products and semi-custom SoC development services”.

AMD stock plunged after hours, falling as low as $154.24 after ending the day at $166.25.

AMD’s full report shows that it exceeded revenue expectations and was in line with EPS expectations. Stay with Shacknews for more financial news.

Donovan is a journalist from Maryland. His earliest gaming memory is playing Pajama Sam on his mother’s desk on the weekends. Pokémon Emerald, Halo 2, and the first Star Wars Battlefront 2 were some of the most influential titles that sparked his love for video games. After interning at Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He’s a huge movie fanatic and will talk with you about movies and games all day long. You can follow him on Twitter @Donimals_