AMD revenue falls as PC sales continue to fall

SUNNYVALE, CA -- (Marketwired) -- Jan 20, 2015 -- AMD (NASDAQ: AMD) today announced revenue for the fourth quarter of 2014 of $1.24 billion, operating loss of $330 million and net loss of $364 million, or $0.47 per share. Non-GAAP(1) operating income was $36 million, non-GAAP(1) net income of $2 million and breakeven non-GAAP(1) earnings per share.

GAAP Financial Results

                                                                            
----------------------------------------------------------------------------
               Q4-14        Q3-14      Q4-13         2014          2013     
----------------------------------------------------------------------------
Revenue       $1.24B        $1.43B     $1.59B       $5.51B        $5.30B    
----------------------------------------------------------------------------
Operating     $(330)M        $63M      $135M       $(155)M         $103M    
income                                                                      
(loss)                                                                      
----------------------------------------------------------------------------
Net          $(364)M/       $17M/      $89M/       $(403)M/        $(83)M/  
income       $(0.47)        $0.02      $0.12       $(0.53)         $(0.11)  
(loss) /
Earnings                                                                    
(loss)                                                                      
per share                                                                   
----------------------------------------------------------------------------
                                                                            

Non-GAAP Financial Results(1)

                                                                            
----------------------------------------------------------------------------
                  Q4-14       Q3-14       Q4-13       2014         2013     
----------------------------------------------------------------------------
Revenue          $1.24B      $1.43B      $1.59B      $5.51B       $5.30B    
----------------------------------------------------------------------------
Operating         $36M        $66M        $91M        $235M        $103M    
income (loss)                                                               
----------------------------------------------------------------------------
Net income      $2M/$0.00  $20M/$0.03  $45M/$0.06  $51M/$0.06 $(83)M/$(0.11)
(loss) /                                                                    
Earnings                                                                    
(loss) per                                                                  
share                                                                       
----------------------------------------------------------------------------
                                                                            

"We made progress diversifying our business, ramping design wins and improving our balance sheet this past year despite challenges in our PC business," said Dr. Lisa Su, AMD president and CEO. "Annual Enterprise, Embedded and Semi-Custom segment revenue increased over 50% as customer demand for products powered by our high-performance compute and rich visualization solutions was strong. We continue to address channel headwinds in the Computing and Graphics segment and are taking steps to return it to a healthy trajectory beginning in the second quarter of 2015."

1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
Harris

Trimble Catalyst

Featured Video
Jobs
Geospatial Analyst for Vencore at Suitland, MD
Geospatial Intelligence Analyst for Quick Services LLC at Fort Bragg, NC
Intelligence and Image Analyst for Boeing at Las Cruces, NM
MECHANICAL ENGINEER for Peter R. Thom and Associates at ORINDA, CA
Architectural Designer II for AECOM at New York, CA
Sr. Mechanical Engineer for Kateeva at Newark, CA
Upcoming Events
Geospatial World Forum 2017 at Hyderabad International Convention Center P.O Bag 1101, Cyberabad Post Office Hyderabad Telangana India - Jan 23 - 25, 2017
GMP Compliance for Quality Control Laboratories 2016 at Andheri Kurla Road, Sahar Village Mumbai, Maharashtra India - Jan 23 - 24, 2017
DGI 2017 at QEII Centre London United Kingdom - Jan 23 - 25, 2017
Esri's annual Geodesign Summit 2017 at Esri's Headquarters Redlands CA - Jan 24 - 26, 2017
Teledyne:
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy