AMD Announces Net Loss in the Third Quarter

Tagged: amd, Computer Hardware
Source: Toms Hardware - Read the full article
Posted: 4 years 5 weeks ago

"AMD has released its third quarter financial report, showing revenue for the third quarter of 2010 of $1.62 billion, a net loss of $118 million, or $0.17 per share, and operating income of $128 million. The company reported non-GAAP net income of $108 million, or $0.15 per share, and non-GAAP operating income of $144 million. “AMD’s third quarter performance was highlighted by solid gross margin and a continued focus on profitability, despite weaker than expected consumer demand,” said Dirk Meyer, AMD president and CEO. “Our strategy to deliver platforms with superior visual experiences continues to resonate. We look forward to building on this momentum when we begin shipping our first AMD Fusion Accelerated Processor Units later this quarter.”" | more

 

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3dGameMan
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Joined: 12/31/2000
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Yea.. A loss, but gaining... and about to do better with the release of the 6000 series video card.

Rodney Reynolds,
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Tiv
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Perhaps the title is true but in fact they are doing very well this year.

I sleep fine at night knowing we are banning people who deserve it.  Tivon
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