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Reported a loss for the second quarter-by-quarter narrowed, AMD is expected to return to profitability in the third quarter
In the Intel after another x86 processor brand AMD also announced earlier today second quarter 2013 financial results.
AMD’s second quarter earnings report is still showing a loss situation, but overall there is good compared to the previous quarter, but is expected to return to profitability in the third quarter. Chairman and CEO Rory Read said in a release, reorganization and transformation have been seen from the earnings results, while the company is expected to continue in the third quarter from a loss situation began to return to profitability.
2013 second quarter, AMD overall revenue of $ 1.16 billion, an operating loss of 29.0 million, a net loss of 74.0 million, or $ 0.10 per share; in non-GAAP operating loss was $ 20 million, while the net loss is $ 6,500 ten thousand, or $ 0.90 per share.
Overall, AMD compared with the previous quarter rose 7%, but compared with the same period in 2012 declined by 18%. In the past year, AMD and not too many new products launched in the market, perhaps a certain impact, but since the third quarter of this year, the company will begin on Micosoft and Sony next-generation consoles processor shipments, coupled with the gradual loss reduction, AMD will have the opportunity to return to profitability in the third quarter.
In addition, AMD Graphics will be renamed Graphics and Visual Solutions, will be solely responsible for the professional graphics cards containing products, including the GPU, as revenues will cover half developed (semi-custom) product development and game consoles patents. This part shipments fell 5 percent from the previous month, but not with the same quarter of 2012 fell 13%, but GPU performance in the first quarter was flat, but in the last year compared to the downward trend.
As for the CPU, APU, MPU and other products of Computing Solutions revenue growth of 12%, but because shipments of AMD processors coupled with sagging average price decline, therefore, compared with the same quarter of 2012 is down 20%.
By the way, AMD overall gross margin was 40%, compared with Intel 56% to be much lessViewing:-104
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