AMD Announces Net Loss in the Third Quarter

AMD has released its third quarter financial report, showing revenue for the third quarter of 2010 of $1.62 billion, a net loss of $118 million, or $0.17 per share, and operating income of $128 million.  The company reported non-GAAP net income of $108 million, or $0.15 per share, and non-GAAP operating income of $144 million.

“AMD’s third quarter performance was highlighted by solid gross margin and a continued focus on profitability, despite weaker than expected consumer demand,” said Dirk Meyer, AMD president and CEO.  “Our strategy to deliver platforms with superior visual experiences continues to resonate.  We look forward to building on this momentum when we begin shipping our first AMD Fusion Accelerated Processor Units later this quarter.”

 

Check out AMD's press release for greater detail into the numbers.

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  • Still in the black. Still giving Intel a run for its money. Still offering innovative current and future technologies and performance that don't break the bank :)
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  • Quote:
    dgfghgj(above comment)Maybe you'll find happiness in your sight shopping heaven and earth


    ..Maybe I'll find happiness if you stop coming here assaulting our minds with your crap.
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  • I would imagine that they are still paying for the buy out of ATi on some level.
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