Friday, February 27, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Net Neutrality Rules Pass FCC
Apple To Hold Watch Event on March 9
ARCHOS Expands Selection of Smartphones During Mobile World Congress
LG 's 2015 OLED And LED 4K ULTRA HD TVs Now Available in The U.S.
WD Adds New NAS Solutions for Business Users to My Cloud Line
Toshiba Launches 8 Megapixel CMOS Image Sensor for Smartphones and Tablets
Samsung To Showcase IoT, Network Functions Virtualization and 5G Technologies at MWC 2015
Intel Introduces New Brand Levels for the Intel Atom Processor
Active Discussions
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
Why Double Logins ?
 Home > News > PC Parts > AMD Rep...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, April 20, 2007
AMD Reports $611 million Loss


AMD reported first quarter 2007 revenue of $1.233 billion, an operating loss of $504 million, and a net loss of $611 million.

These results include ATI acquisition-related and integration charges of $113 million, or $0.21 per share, and employee stock-based compensation expense of $28 million, or $0.05 per share. In the fourth quarter of 2006, AMD reported revenue of $1.773 billion and an operating loss of $529 million. In the first quarter of 2006, AMD reported revenue of $1.332 billion and operating income of $259 million. "After more than three years of successfully executing our customer expansion strategy and significantly growing our unit and revenue base, our first quarter performance is disappointing and unacceptable," said Robert J. Rivet, AMD?s chief financial officer. "We are aggressively addressing the issues that led to our significant revenue decline. We are aligning our business model, capital expenditures and cost structure with the goal of accelerating our return to profitability. Lastly, our customer relationships remain solid, reflecting their confidence in our strategic direction, current and new products, and technology roadmaps." First quarter 2007 gross margin was 31 percent, excluding stock-based compensation expense and acquisition-related charges, compared to 40 percent in the fourth quarter of 2006 and 59 percent in the first quarter of 2006. The decrease from the prior quarter was largely due to significantly lower microprocessor unit shipments, lower microprocessor average selling prices (ASPs), and the inclusion of the former ATI operations, which generally have lower-margin products, for the entire quarter.


Previous
Next
NEC Among the First to Deliver Certified Wireless USB Chips        All News        Panasonic Rises Monthly Output of Dual-wavelength High-power Lasers
NEC Among the First to Deliver Certified Wireless USB Chips     PC Parts News      Mushkin Adds the HP2-6400 5-4-4 Kit to its 4GB DDR2 Lineup

Get RSS feed Easy Print E-Mail this Message

Related News
AMD Carrizo Does HEVC, Packs South Bridge Chip
GPU shipments Dropped in Q4, Nvidia Had a Small Gain
AMD Cuts Prices Of Radeon Graphics Card To Cash On GTX 970 Memory Furor
Slow PC Sales Jeep AMD's Revenue Down
AMD at 2015 International CES
New Feature-stuffed Catalyst Omega Drives Released
AMD Adds The Mobile "Carrizo" Family of APUs to Its Roadmap
AMD Reveals Civilization: Beyond Earth Game Bundle, Overclocked Radeon R9 290X
AMD's Radeon R9 290X Graphics Card Now Available For Just $300
AMD Sales May Miss Estimates, New CEO Announces Restructuring
AMD Appoints Lisa Su as President and Chief Executive Officer
AMD To release Carrizo Notebook APUs Next Year

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .