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Advanced Micro Devices Inc  (AMD)
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EARNINGS REPORT by CSIMarket

Profitability not Reached Despite Strong Sales


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Advanced Micro Devices Inc announced first quarter 2017 operating loss of $-29 millions, revenue expected to reach $3,988 millions, for the Year



Advanced Micro Devices Inc announced earnings per share of $-0.08 and Sales of $1.11 billions in the first quarter 2017, Company's lost money per share, versus $-0.14 eps, earned in the same quarter a year ago, although Advanced Micro Devices Inc saw it's Sales rise by 18.27 % in the same period.

from the preceding quarter from $-0.05 per share, Sales deteriorated by -11.03 % from $1.11 billions.
Only one section improved , while following segments recorded decrease in revenues Enterprise Embedded or SemiCustom  -1.7%, Computing or Graphics  -45.71%.
In the first quarter 2017 Advanced Micro Devices Inc reported net loss of $-73 million, instead of deficit of $-109 millions in the same quarter a year ago.Company provided revenue outlook in the range between, $3,988 millions and $3,988 millions.
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