AMD Reports 2014 Second Quarter Results

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LPH

AMD Reports 2014 Second Quarter Results

AMD (NYSE:AMD) today announced revenue for the second quarter of 2014 of $1.44 billion, operating income of $63 million and net loss of $36 million, or $0.05 per share.

• Revenue of $1.44 billion, increased 3 percent sequentially and 24 percent year-over-year
  
• Gross margin of 35 percent
  
• Operating income of $63 million and non-GAAP(1) operating income of $67 million
  
• Net loss of $36 million, loss per share of $0.05 and non-GAAP(1) net income of $17 million, earnings per share of $0.02
  

http://www.tuxreports.com/amd/2014/07/17/amd-reports-2014-second-quarter-results/