AMD Reports 2013 Fourth Quarter and Annual Results

SUNNYVALE, CA -- (Marketwired) -- Jan 21, 2014 -- AMD (NYSE: AMD)

Q4 2013 Results

  • AMD revenue of $1.59 billion, increased 9 percent sequentially and 38 percent year-over-year
  • Gross margin of 35 percent
  • Operating income of $135 million and non-GAAP(1) operating income of $91 million
  • Net income of $89 million, earnings per share of $0.12 and non-GAAP(1) net income of $45 million, earnings per share of $0.06

2013 Annual Results

  • AMD revenue of $5.3 billion, down 2 percent year-over-year
  • Gross margin of 37 percent
  • Operating income of $103 million
  • Net loss of $83 million and loss per share of $0.11

AMD (NYSE: AMD) today announced revenue for the fourth quarter of 2013 of $1.59 billion, operating income of $135 million and net income of $89 million, or $0.12 per share. The company reported non-GAAP operating income of $91 million and non-GAAP net income of $45 million, or $0.06 per share.

For the year ended December 28, 2013, AMD reported revenue of $5.3 billion, operating income of $103 million and a net loss of $83 million, or $0.11 per share.

"Strong execution of our strategic transformation plan drove significant revenue growth and improved profitability in the fourth quarter," said Rory Read, AMD president and CEO. "The continued ramp of our semi-custom SoCs and leadership graphics products resulted in a 38 percent revenue increase from the year ago quarter. Our focus in 2014 is to deliver revenue growth and profitability for the full year by leveraging our differentiated IP to drive success in our targeted new markets and core businesses."

                                                                            
                           GAAP Financial Results                           
                                                                            
----------------------------------------------------------------------------
                         Q4-13      Q3-13      Q4-12      2013       2012   
----------------------------------------------------------------------------
Revenue                 $1.59B     $1.46B     $1.16B     $5.30B     $5.42B  
----------------------------------------------------------------------------
Operating income         $135M      $95M      $(422)M     $103M    $(1.06)B 
 (loss)                                                                     
----------------------------------------------------------------------------
Net income (loss) /   $89M/$0.12 $48M/$0.06 $(473)M/   $(83)M/     $(1.18)B/
 Earnings (loss) per                         $(0.63)    $(0.11)     $(1.60)  
 share                                                                      
----------------------------------------------------------------------------
                                                                            
                                                                            
                                                                            
                        Non-GAAP(1) Financial Results                       
                                                                            
----------------------------------------------------------------------------
                         Q4-13      Q3-13      Q4-12      2013       2012   
----------------------------------------------------------------------------
Revenue                 $1.59B     $1.46B     $1.16B     $5.30B     $5.42B  
----------------------------------------------------------------------------
Operating income         $91M       $78M      $(55)M      $103M      $45M   
 (loss)                                                                     
----------------------------------------------------------------------------
Net income (loss) /   $45M/$0.06 $31M/$0.04 $(102)M/   $(83)M/     $(114)M/
 Earnings (loss) per                         $(0.14)    $(0.11)     $(0.16)  
 share                                                                                                                              
----------------------------------------------------------------------------
                                                                                                                                                        
                                                                                                                                                        
 

1 | 2 | 3 | 4  Next Page »



Review Article Be the first to review this article
CST: Webinar November 9, 2017

Aldec

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Teklatech: Work smart, Not hard
More Editorial  
Jobs
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Upcoming Events
MIPI DevCon Bangalore 2017 at The Leela Palace Bengaluru India - Oct 27, 2017
MIPI DevCon Hsinchu City 2017 at Sheraton Hsinchu Hotel Taiwan - Oct 31, 2017
The 2017 International Test Conference at Fort Worth Convention Center Fort Worth TX - Oct 31 - 2, 2017
Embedded Systems Conference 2017 at Minneapolis Convention Center Minneapolis MN - Nov 8 - 9, 2017
CST: Webinar series



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 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 PolicyAdvertise