AMD reports financial results of the third quarter

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POSTER: computer news   ||   AMD REPORTS FINANCIAL RESULTS OF THE THIRD QUARTER	DATE:2011-10-28
AMD company  reduced the size of forecast revenue for the third quarter due to the influence of processors deficiency, due to technological problems with the release of 32 nm hybrid solutions series Llano, and the need to combine their production with the release of old 45 nm processors.  However, the announced yesterday financial results for the third quarter by AMD were perceived by the market rather positively, and company's stock price rose by five percent. AMD's revenue for the period totaled $ 1.69 billion, up 7% better performance in the previous quarter and 4% better compared to the same period last year.  AMD own forecast in the September version was that growth of revenue in the third quarter will be between 4% and 6%, in this sense, the company delivered better than expected.  Net income totaled $ 97 million, profit from operations was $ 138 million Earnings per share were $ 0.13.  The rate of profit fell to 45%. However, even taking into account the factors mentioned above, AMD managed a 35% increase revenue from the sale of mobile processors, while the growth in revenue and sales volumes in China and India, measured in double figures.  Revenues from Computing Solutions, which manufactures processors, rose by 6% in sequential terms, and by 5% year.  The company received more revenue from mobile and server processors .  Annual revenue growth was provided by the growing popularity of mobile processors and chipsets AMD. Mobile processors supplies volumes for the quarter increased by 60%, hybrid processors now represent 90% of the assortment of products shipped by AMD in the mobile segment, and 60% of consumer products in general.  Globalfoundries Representatives said that the situation with the release level of 32 nm AMD processors steadily improving. AMD graphic division also worked better than usual.  Revenue for the quarter increased by 10% in annual terms - 4%..  Income from operations of this unit for the quarter was $ 12 million average price realized by the graphics processor has increased in annual terms.  The most important statement touched powerful video cards based on 28 nm chips, the next generation: AMD promises to begin commercial sales later this year.   Related Products :

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