AMD beats estimates on strong sales

By on January 20, 2004, 5:07 PM
Advanced Micro Devices reported fourth-quarter revenue that rose 76 percent and a profit that beat analyst expectations by a whopping 8 cents per share, thanks in part to higher sales of its processors and flash memory.

The company on Tuesday reported earnings of $43 million, or 12 cents per share, including a gain of 3 cents a share, or $14 million, from adjustments of past restructuring and acquisition charges.

Read more: [URL=]CNet News[/URL].

User Comments: 3

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Gnerma said:
OMG AMD [b][i]turned a profit[/i][/b]. I never thought I'd live to see this day :grinthumb
---agissi--- said:
YUS!Moah powah to amd, its about time :)
vassil3427 said:
Wow, weren't they losing alot of money last year?? Glad to hear things are on the up and up!
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