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AMD beats estimates on strong sales

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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=http://news.com.com/2100-1006_3-5144064.html]CNet News[/URL].

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  1. January 21, 2004 4:09 AM
    Gnerma said:
    OMG AMD [b][i]turned a profit[/i][/b]. I never thought I'd live to see this day :grinthumb
    Reply
  2. January 21, 2004 2:32 PM
    ---agissi--- said:
    YUS!Moah powah to amd, its about time :)
    Reply
  3. January 21, 2004 7:19 PM
    vassil3427 said:
    Wow, weren't they losing alot of money last year?? Glad to hear things are on the up and up!
    Reply

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