1. Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

AMD Reports Third Quarter Results

Discussion in 'News' started by malware, Oct 17, 2008.

  1. malware New Member

    Joined:
    Nov 7, 2004
    Messages:
    5,476 (1.51/day)
    Thanks Received:
    956
    Location:
    Bulgaria
    AMD today reported third quarter 2008 revenue from continuing operations of $1.776 billion, including process technology license revenue of $191 million. Third quarter 2008 revenue increased 32 percent compared to the second quarter of 2008 and 14 percent compared to the third quarter of 2007.
    In the third quarter of 2008, AMD reported a net loss of $67 million, or $0.11 per share. For continuing operations, third quarter 2008 income was $41 million, or $0.07 per share, including the process technology license revenue of $191 million, or $0.31 a share. Third quarter 2008 operating income was $131 million. Loss from discontinued operations was $108 million, or $0.18 a share.

    Read the complete earnings release here.

    Source: AMD
     
  2. wahdangun

    wahdangun New Member

    Joined:
    Oct 2, 2008
    Messages:
    1,512 (0.68/day)
    Thanks Received:
    114
    Location:
    indonesia ku tercinta
    hmm i don't understand at all:banghead: .

    so AMD has revenue or lost, :confused: can anyone explain it to me.
     
  3. ASharp New Member

    Joined:
    Apr 20, 2008
    Messages:
    225 (0.09/day)
    Thanks Received:
    38
    Location:
    Toronto, ON, Canada
    I'm no accountant but it looks like AMD is actually profitable again.
     
  4. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

    Joined:
    Oct 13, 2008
    Messages:
    13,755 (6.25/day)
    Thanks Received:
    3,655
    Location:
    IA, USA
    Revenue is basically income from sales of products and what not. A "net" value is profit compared to losses over a time period. For instance, if you were to make $100 by selling a graphics card or something, you would call that revenue. If you went out and bought a new card for $150, you would have a net loss of $50. Similarly, if you still made your $100 and bought a $75 card instead, you would have a net profit of $25.

    AMD made $1,776 million in revenue but they spent $1,843. The result is a net loss of $67 million. They go into details of various accounts so it is not quite that simple but, you should be able to get the jist of it from that.


    The technology industry is doing rather well compared to the rest.
     
    Crunching for Team TPU
  5. Triprift

    Triprift

    Joined:
    Dec 10, 2007
    Messages:
    7,185 (2.86/day)
    Thanks Received:
    915
    Location:
    Adelaide Australia
    Im a bit confused by that revenue is up but they recorded a net loss for the same period. I would expect improvement with the gpu's what amd needs is some decent cpu's then it will be interesting.
     
  6. wahdangun

    wahdangun New Member

    Joined:
    Oct 2, 2008
    Messages:
    1,512 (0.68/day)
    Thanks Received:
    114
    Location:
    indonesia ku tercinta
    so AMD still losing money, i hope AMD get better because if they go bankrupt, i can't imagine what will happen to cpu and videocard market.
     
  7. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

    Joined:
    Oct 13, 2008
    Messages:
    13,755 (6.25/day)
    Thanks Received:
    3,655
    Location:
    IA, USA
    GPUs and chipsets are well under a quarter of their earnings. So long as their CPU sales is trash, their bottomline will be trash.
     
    Crunching for Team TPU
  8. Steevo

    Steevo

    Joined:
    Nov 4, 2005
    Messages:
    8,361 (2.55/day)
    Thanks Received:
    1,216
    Don't be fooled, the company posts a loss to avoid taxation for the most part, if you add the salarys of the company bigwigs and all the write offs you end up with profit. We do the same here, all of our profit is actually spent in building assets and other items.


    The cost of investing in the future.
     
    WarEagleAU says thanks.
    10 Million points folded for TPU
  9. quasar923 Guest

    is it still cheep to buy AMD stock?
     
  10. erocker

    erocker Super Moderator Staff Member

    Joined:
    Jul 19, 2006
    Messages:
    39,790 (13.19/day)
    Thanks Received:
    14,167
    Yes, AMD stock is still cheap. Very cheap, and it's going up. According to this report AMD is up from last quater by a significant margin. This is good for AMD and it's shareholders.
     
    WarEagleAU says thanks.
  11. KBD New Member

    Joined:
    Feb 23, 2007
    Messages:
    2,477 (0.89/day)
    Thanks Received:
    279
    Location:
    The Rotten Big Apple
    this is good news, at least they are not losing hundreds of millions like before

    AMD has finally reached operating profitability and analysts are very happy with these results as they are much better than expected, especially considering that the economy is going downhill.

    you can read more here:

    http://news.cnet.com/8301-13924_3-10068131-64.html
     
    Last edited: Oct 17, 2008
  12. WarEagleAU

    WarEagleAU Bird of Prey

    Joined:
    Jul 9, 2006
    Messages:
    10,797 (3.57/day)
    Thanks Received:
    546
    Location:
    Gurley, AL
    yes they have and the losses are nominal compared to what they were earlier. This is extremely good news.
     
  13. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

    Joined:
    Oct 13, 2008
    Messages:
    13,755 (6.25/day)
    Thanks Received:
    3,655
    Location:
    IA, USA
    I wouldn't be investing in AMD stock right now--especially with Nehalem just over a month away. AMD is liable to tank again.

    The time to invest in AMD is right before Denab is launched. That's assuming Denab is at least on par with Nehalem. Just because of (lack of) name recognition, AMD has to more than beat Nehalem in order for it to show in stock value.
     
    Crunching for Team TPU
  14. ShadowFold

    ShadowFold New Member

    Joined:
    Dec 23, 2007
    Messages:
    16,921 (6.78/day)
    Thanks Received:
    1,644
    Location:
    Omaha, NE
    Well if they improve their Phenom architecture than its highly possible. The i7 benches I saw were pretty weak.. If they step up their game, AMD could be the enthusiasts choice again here soon.
     

Currently Active Users Viewing This Thread: 1 (0 members and 1 guest)

Share This Page