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AMD reports 3Q results - AMD reports 3Q results
Fri, October 19 2007 | 2:43PM | PermaLink Feedback?
AMD has reported its third quarter 2007 revenues were US$1.63 billion, an 18% increase compared to the second quarter and a 23% improvement compared to the third quarter of 2006. In the third quarter, AMD reported an operating loss of US$226 million, and a net loss of US$396 million, or US$0.71 per share. Third-quarter results include a negative impact of US$120 million, or US$0.22 per share, due to ATI acquisition-related, integration and severance charges and impairment of assets, noted AMD. In the second quarter of 2007, AMD reported revenues of US$1.38 billion and an operating loss of US$457 million. In the third quarter of 2006, AMD reported revenues of US$1.328 billion and operating income of US$121 million, according to the company.
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