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AMD Posts $180 Million First Quarter Loss

Category: General News
Posted: 09:31AM
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Things are not looking good for AMD right now, as the company recently posted a first quarter loss of $180 million. That boils down to $73 million once adjusted, and when compared to last year's first quarter when AMD had $35 million in adjusted earnings, it could be better for the red team. Revenue fell 26% percent to $1.03 billion in the first quarter, compared to $1.4 billion the same time last year. It has $906 million of cash and equivalents in hand, which is $134 million less than it had the fourth quarter of 2014. Divisions across the company all reported losses, with the Computing and Graphics segment seeing a revenue drop to $532 million from $861 million; and the Enterprise, Embedded, and Semi-Custom division having revenues drop to $498 million from $536 million, which could be another reason why it's now focusing on traditional servers. As well, AMD is expecting a 3% revenue drop in the second quarter.

AMD is hoping that the upcoming release of Windows 10 gives it a boost, which may come by the end of July. The 2015 to 2020 roadmap may also help out, but those dividends may not be coming as quick as they can be.

Source: VRWorld



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IVIYTH0S on April 20, 2015 16:47
:(
potatochobit on April 20, 2015 18:20

strange, I bought 2 high end amd gpu cards this year 

both the PS4 and xbox one and even the wii-U use AMD parts, these goobers are doing it wrong.

 

they need to get those APUs into tablets long ago

and just get rid of all the server business', they have been quite inferior in this area for years

they are also flooding the low end market which is probably causing more losses in their own sales

I got an A4 llano for like 9$ last year

Waco on April 20, 2015 20:20
AMD hasn't won a high-end computing bid in the HPC space in years. Their new "HPC APU" could turn that around...but that's still years away.

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