News: Risultati finanziari AMD
Inviato: 17 ott 2003, 14:57<br>Sono emersi i nuovi risultati finanziari di AMD, relativi al terzo trimestre. I risultati sono molto incoraggianti: la perdita rilevata รจ inferiore a quella prevista e le vendite sono notevolmente migliorate. Tutti gli sforzi finanziari (e tecnologici) della casa di Sunnyvale si stanno vedendo.<p>
<blockquote><i>
SAN FRANCISCO (AFX) -- Advanced Micro Devices posted a much narrower loss
than expected Thursday for its third quarter, while sales almost doubled to $954
million due to strong computer processor and flash memory demand.
Shares shot 6 percent higher to $14.80 in late trading immediately after the
announcement. Shares closed the regular session up 2.2 percent to $13.96.
"They are moving from older products to newer products, so having a good quarter
during that transition is a good sign," said analyst Martin Reynolds with
Gartner.
He estimated most of the company's improvement came from microprocessors used in
computers. "AMD doesn't do well unless its processor business is doing well,"
Reynolds said.
Sales of computers have done well recently, especially among consumers. Intel,
AMD's much larger and primary competitor, also reported solid third-quarter
growth earlier in the week.
For the quarter ended in September, AMD posted a net loss of $31.2 million, or 9
cents a share, on revenue of $954 million. During the same quarter last year,
AMD lost $254.2 million, or 74 cents a share, on revenue of $508.2 million.
Analysts had expected a loss of 36 cents a share and sales of $865.7 million.
For the first time, AMD reported results that included its flash memory joint
venture with Fujitsu, called FASL. AMD consolidated FASL onto its balance sheet
just prior to the third quarter's start.
AMD had predicted it would get $180 million in revenue during the quarter from
FASL while its costs would rise by $261 million.
Actually, AMD reported flash revenue of $424 million, up $213 million from the
second quarter, and operating costs up $215 million. The segment is not
profitable yet, but the company again claimed market share gains.
However, AMD said its computer processors and chipset unit - half of its
business -- generated a profit. Sales rose to $503 million, almost double from
the same quarter last year and up 25 percent from the second quarter.
AMD said it recorded "solid growth" across its product lines, improved its mix,
and increased sales to its largest customers.
For the fourth quarter, AMD expects sales to increase while costs should remain
flat.
More specifically, AMD predicted computer processor sales up due to "normal
industry seasonality and growing demand" for its latest 64-bit chips. Also, AMD
said flash sales should increase due to seasonality and "growing acceptance of
MirrorBit technology."
</i></blockquote><p>
Per maggiori informazioni, vi rimandiamo a questa pagina dove potete trovare numerosi <a href="http://cbs.marketwatch.com/tools/quotes/profile.asp?sid=373&symb=amd&siteid=mktw">dettagli</a>.<p>
<blockquote><i>
SAN FRANCISCO (AFX) -- Advanced Micro Devices posted a much narrower loss
than expected Thursday for its third quarter, while sales almost doubled to $954
million due to strong computer processor and flash memory demand.
Shares shot 6 percent higher to $14.80 in late trading immediately after the
announcement. Shares closed the regular session up 2.2 percent to $13.96.
"They are moving from older products to newer products, so having a good quarter
during that transition is a good sign," said analyst Martin Reynolds with
Gartner.
He estimated most of the company's improvement came from microprocessors used in
computers. "AMD doesn't do well unless its processor business is doing well,"
Reynolds said.
Sales of computers have done well recently, especially among consumers. Intel,
AMD's much larger and primary competitor, also reported solid third-quarter
growth earlier in the week.
For the quarter ended in September, AMD posted a net loss of $31.2 million, or 9
cents a share, on revenue of $954 million. During the same quarter last year,
AMD lost $254.2 million, or 74 cents a share, on revenue of $508.2 million.
Analysts had expected a loss of 36 cents a share and sales of $865.7 million.
For the first time, AMD reported results that included its flash memory joint
venture with Fujitsu, called FASL. AMD consolidated FASL onto its balance sheet
just prior to the third quarter's start.
AMD had predicted it would get $180 million in revenue during the quarter from
FASL while its costs would rise by $261 million.
Actually, AMD reported flash revenue of $424 million, up $213 million from the
second quarter, and operating costs up $215 million. The segment is not
profitable yet, but the company again claimed market share gains.
However, AMD said its computer processors and chipset unit - half of its
business -- generated a profit. Sales rose to $503 million, almost double from
the same quarter last year and up 25 percent from the second quarter.
AMD said it recorded "solid growth" across its product lines, improved its mix,
and increased sales to its largest customers.
For the fourth quarter, AMD expects sales to increase while costs should remain
flat.
More specifically, AMD predicted computer processor sales up due to "normal
industry seasonality and growing demand" for its latest 64-bit chips. Also, AMD
said flash sales should increase due to seasonality and "growing acceptance of
MirrorBit technology."
</i></blockquote><p>
Per maggiori informazioni, vi rimandiamo a questa pagina dove potete trovare numerosi <a href="http://cbs.marketwatch.com/tools/quotes/profile.asp?sid=373&symb=amd&siteid=mktw">dettagli</a>.<p>