Posted in: Computer Hardware

AMD reports net loss of $473 million in Q4 2012

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AMD clearly hasn’t had the best of times recently and the company has ended Q4 rather poorly, with the company reporting a net loss of $473 million. AMD has managed to generate revenue of $1.16 billion for the fourth quarter, which is still a 9% decline sequentially and 32% year-over-year.

AMD’s operating loss has been reported at $422 million and the company has lost about $0.63 per share.

The company had to settle down for a GAAP gross margin of 15% for the quarter. AMD’s computing solutions, which is one of the largest divisions of the company played the biggest part in the poor performance, registering a loss of $323 million, a 37% fall year-over-year.

AMD’s Graphics segment didn’t fare all that great either, as the company’s product shipments decreased 15% year-over-year. AMD’s overall revenue of $5.42 billion sounds impressive but nevertheless a 17% fall over the same period of 2011. AMD’s prospects for the current quarter don’t look any brighter, as the company expects its revenues to fall by another 9% in the Q1 2013.

AMD’s marketing strategies have been pretty poor and the company surely needs to get back to its drawing board and work it out, if it is to survive.

Source | Via

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