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Old 19th October, 2007, 03:57 PM
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AMD Records $396 Million USD Net Loss for Q3

Written by Daniel
Friday, 19 October 2007
AMD Records $396 Million USD Net Loss for Q3
Brandon Hill (Blog) - October 19, 2007 9:17 AM
DailyTech
Earlier this week, DailyTech reported that were things were looking rosy for the Intel folks in Santa Clara, California. The company reported that its profits were up 43 percent on revenues of $10.1 billion USD.

Today, it was AMD's turn to report its Q3 earnings results. AMD recorded revenue of $1.632 billion USD -- this represented an 18 percent increase from Q2 2007. However, AMD reported an operating loss of $226 million USD and a net loss of $396 million USD -- this compares to a $611 million USD net loss for Q1 and a $600 million USD net loss for Q2.... Front Page
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Old 19th October, 2007, 05:00 PM
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Well, they cut their losses more than was expected. The question is, can they manage to return to profitability before they are totally devastated financially?
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Old 19th October, 2007, 05:34 PM
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At $396 Million USD Net Loss for Q3, it won't be easy!
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