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AMD Reports $590 Million Loss Due to Breakup with GF

AMD has taken an expected hit on its Q1 quarter earnings as a result of the decision to buy itself out of a manufacturing agreement with Globalfoundries.
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On weak PC market, AMD hits revenue targets with $1.16b for Q4, but loses $0.63 per share

Technology : The Next Web Blog (2 years ago)

Today AMD reported its fourth quarter financial performance, with revenue of $1.16 billion, and loss per share of $0.63. The street had expected revenue of $1.14 billion, and earnings per... Keep reading ? Read Post

Rakuten expecting Q4 losses of $373m as it introduces marketplace model to Play.com and Buy.com

Technology : The Next Web Blog (2 years ago)

Rakuten, the Japanese e-commerce firm, is predicted that its fourth quarter financial results will see it take a hit to the tune of 35,089 million yen (that’s around $373 million) due... Keep reading ? Read Post

AMD beats expectations but accounting write-off leads to a huge $590M net loss

Business & Finance : Venture Beat (2 years ago)

Chip maker Advanced Micro Devices reported today that its first quarter results beat expectations, but the company had a big loss of $590 million. While AMD is very competitive with its product line-up, the results show that it’s no... Read Post


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