Friday, October 17th 2008
AMD Reports Third Quarter Results
AMD today reported third quarter 2008 revenue from continuing operations of $1.776 billion, including process technology license revenue of $191 million. Third quarter 2008 revenue increased 32 percent compared to the second quarter of 2008 and 14 percent compared to the third quarter of 2007.
In the third quarter of 2008, AMD reported a net loss of $67 million, or $0.11 per share. For continuing operations, third quarter 2008 income was $41 million, or $0.07 per share, including the process technology license revenue of $191 million, or $0.31 a share. Third quarter 2008 operating income was $131 million. Loss from discontinued operations was $108 million, or $0.18 a share.
Read the complete earnings release here.
Source:
AMD
In the third quarter of 2008, AMD reported a net loss of $67 million, or $0.11 per share. For continuing operations, third quarter 2008 income was $41 million, or $0.07 per share, including the process technology license revenue of $191 million, or $0.31 a share. Third quarter 2008 operating income was $131 million. Loss from discontinued operations was $108 million, or $0.18 a share.
Read the complete earnings release here.
13 Comments on AMD Reports Third Quarter Results
so AMD has revenue or lost, :confused: can anyone explain it to me.
AMD made $1,776 million in revenue but they spent $1,843. The result is a net loss of $67 million. They go into details of various accounts so it is not quite that simple but, you should be able to get the jist of it from that.
The technology industry is doing rather well compared to the rest.
The cost of investing in the future.
AMD has finally reached operating profitability and analysts are very happy with these results as they are much better than expected, especially considering that the economy is going downhill.
you can read more here:
news.cnet.com/8301-13924_3-10068131-64.html
The time to invest in AMD is right before Denab is launched. That's assuming Denab is at least on par with Nehalem. Just because of (lack of) name recognition, AMD has to more than beat Nehalem in order for it to show in stock value.