SUNNYVALE, Calif. -- January 17, 2008 --AMD (NYSE: AMD) today reported fourth quarter 2007 revenue of $1.770 billion, an 8 percent increase compared to the third quarter of 2007 and flat compared to the fourth quarter of 20062. In the fourth quarter of 2007, AMD reported a net loss of $1.772 billion, or $3.06 per share, and an operating loss of $1.678 billion. Fourth quarter net loss included charges of $1.675 billion, or $2.89 per share, of which $1.669 billion were operating charges. The non-cash portion of the fourth quarter charges was $1.606 billion. In the third quarter of 2007, AMD reported revenue of $1.632 billion, a net loss of $396 million, and an operating loss of $226 million. In the fourth quarter of 20062, AMD reported revenue of $1.773 billion, a net loss $576 million, and an operating loss of $529 million.
For the year ended December 29, 2007, AMD achieved revenue of $6.013 billion, a 6 percent increase from 20062. The fiscal 2007 net loss was $3.379 billion. Included in the 2007 net loss were non-cash charges of $2.007 billion. AMD reported revenue of $5.649 billion and a net loss of $166 million for fiscal 20062.
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Although with the way AMD has been going lately, I'd be surprised if it's still around by 2062, let alone 20062.
Oh, I see. Untill the year 20062. Funny, I though the fish-people were supposed to have taken over by then.
2 "As a result of the acquisition of ATI, 2006 financial results only include the results of the former ATI operations from October 25 through December 31, 2006. Therefore, financial results for the fourth quarter 2007 and fiscal 2007 do not correlate directly to those for the fourth quarter 2006 and fiscal 2006, respectively. "
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