21.01.2014 22:54:48

AMD Posts Q4 Profit - Quick Facts

(RTTNews) - Advanced Micro Devices, Inc. (AMD) Tuesday reported fourth-quarter profit of $89 million or $0.12 per share, compared to a loss of $473 million or $0.63 per share in the same period last year.

Adjusted earnings for the quarter was $45 million or $0.06 per share. On average, 24 analysts polled by Thomson Reuters expected the company to earn $0.06 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 38 percent to $1.59 billion from $1.16 billion last year. Analysts expected revenues of $1.54 billion.

Looking ahead to the first quarter of 2014, AMD expects revenue to decrease 16 percent, plus or minus 3 percent, sequentially.

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AMD (Advanced Micro Devices) Inc. 123,66 1,90% AMD (Advanced Micro Devices)  Inc.