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

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
ACCOUNT MANAGER MUNICH GERMANY EU for EDA Careers at MUNICH, Germany
Principal Circuit Design Engineer for Rambus at Sunnyvale, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



Internet Business Systems © 2016 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 TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy