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

Air bus

Featured Video
Jobs
Analyst Programmer for Palm Beach County at West Palm Beach, FL
Mapping & GIS Sales Rep for California Surveying & Drafting Supply at Sacramento, CA
Architectural Designer for Champion Home Builders at Troy, MI
Upcoming Events
2017 AGICEducation & Training Symposium at 1500 State Route 69 Prescott AZ - Sep 20 - 22, 2017
DRONE BERLIN 2017 at Berlin Germany - Sep 21 - 22, 2017
Esri Eastern Africa Education GIS Conference at Nairobi Kenya - Sep 21 - 22, 2017
Intergeo 2017 at Berlin Germany - Sep 26 - 28, 2017
Teledyne Optech
University of Denver GIS Masters Degree Online
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise