Featured Articles

Intel refreshes CPU roadmap

Intel refreshes CPU roadmap

Intel has revealed an update to its CPU roadmap and some things have changed in 2015 and beyond. Let’s start with the…

More...
Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 20 April 2012 09:43

AMD posts better than expected earnings

Written by Peter Scott



Still not in the black, but doing better

AMD reported its quarterly earnings on Thursday and despite the fact that the chipmaker failed to turn a profit, the results are better than expected.

The company posted a net loss of $590 million, largely attributed to one-time charges. Sans a $703 million charge resulting from the Globalfoundries spin off, AMD’s income hit $92 million.

Total revenue was $1.59 billion, slightly higher than the $1.56 forecast, but still two percent short of last year’s $1.61 billion.

AMD is upbeat about its prospects in Q2. The company expects a 6 percent revenue increase in the traditionally slow quarter, beating analysts’ expectations once again.

Peter Scott

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments