This article includes detailed Lemonade, Hims and Coupang Earnings Reviews. It also features a brief AMD earnings snapshot. The full AMD review will come on Saturday. Shopify, Uber & Duolingo reviews are coming tomorrow. Trade Desk and DraftKings are coming after that.

In case you missed it:

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• SoFi & PayPal Earnings Reviews

• Alphabet & Tesla Earnings Reviews.

• Chipotle Earnings Review.

• ServiceNow Earnings Review.

• Netflix & Taiwan Semi Earnings Reviews.

• Starbucks & Apple Earnings Reviews.

• Current Nerd Portfolio & Performance.

Table of Contents

• 1. AMD — Brief Earnings Snapshot

  • a. Results

  • b. Balance Sheet

  • c. Q3 Guidance & Valuation

• 2. Lemonade (LMND) — Earnings Review

  • a. Lemonade 101

  • b. Key Points

  • c. Demand

  • d. Profits & Ratios

  • e. Balance Sheet

  • f. Guidance & Valuation

  • g. Call & Release

  • h. Take

• 3. Hims (HIMS) — Earnings Review

  • a. Hims 101

  • b. Key Points

  • c. demand

  • d. Profits & Margins

  • e. Balance Sheet

  • f. Guidance & Valuation

  • g. Call & Letter

  • h. Take

• 4. Coupang (CPNG) — Earnings Review

  • a. Coupang 101

  • b. Key Points

  • c. Demand

  • d. Profits & Margins

  • e. Balance Sheet

  • f. Guidance & Valuation

  • g. Call & Release

  • h. Take

1. AMD — Brief Earnings Snapshot

a. Results

• Beat revenue estimates by 3.5% & beat guidance by 3.9%.

• Beat data center estimates by 0.8%.

• Beat 43% GPM estimate & identical guidance by 20 bps.

• Missed $0.49 EPS estimate by a penny.

• 15% FCF margin vs. 10% Q/Q & 8% Y/Y

• Xilinx amortization is sharply impacting overall GAAP margins.

b. Balance Sheet

• $5.7B in cash & equivalents;.

• 34% Y/Y inventory growth.

• $3.2B in total debt.

• Slight Y/Y share count reduction.

c. Q3 Guidance & Valuation

• Revenue guidance beat estimates by 4.6%.

• 54% GPM guidance missed 54.3% estimates.

AMD trades for 42x forward EPS. EPS is expected to grow by 20% this year and by 48% next year.

2. Lemonade (LMND) — Earnings Review

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