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
 True Circuits: Ultra PLL

Aldec

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Simon Davidmann: A re-energized Imperas Tutorial at DAC
Peggy AycinenaIP Showcase
by Peggy Aycinena
ARM: A Gnawing Sense of Unease
More Editorial  
Jobs
DDR 3-4-5 Developer with VIP for EDA Careers at San Jose, CA
LVS PEX DESIGN ENGINEERS SILICON VALLEY for EDA Careers at San Jose, CA
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
LVS for PDK Design Engineer SILICON VALLEY for EDA Careers at San Jose, CA
Upcoming Events
11th International Conference on Verification and Evaluation of Computer and Communication Systems at 1455 DeMaisonneuve W. EV05.139 Montreal Quebec Canada - Aug 24 - 25, 2017
DVCon India 2017, Sept 14 - 15, 2017 at The Leela Palace Bengalore India - Sep 14 - 15, 2017
SMTA International 2017 at Rosemont IL - Sep 17 - 21, 2017
S2C: FPGA Base prototyping- Download white paper
TrueCircuits: UltraPLL



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 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