Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 20 April 2012 09:43

AMD posts better than expected earnings

Written by Peter Scott



Still not in the black, but doing better

AMD reported its quarterly earnings on Thursday and despite the fact that the chipmaker failed to turn a profit, the results are better than expected.

The company posted a net loss of $590 million, largely attributed to one-time charges. Sans a $703 million charge resulting from the Globalfoundries spin off, AMD’s income hit $92 million.

Total revenue was $1.59 billion, slightly higher than the $1.56 forecast, but still two percent short of last year’s $1.61 billion.

AMD is upbeat about its prospects in Q2. The company expects a 6 percent revenue increase in the traditionally slow quarter, beating analysts’ expectations once again.

Peter Scott

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments