Advanced Micro Devices Inc. (AMD) Announces Quarterly Results: Posts Lower Loss
Advanced Micro Devices Inc. (NYSE: AMD) has announced its quarterly results. The company has lowered its losses. It also reported increase in its revenue. Advanced Micro Devices Inc.’s third quarter loss stood at $118 million, down from the loss of $128 million it incurred during the same quarter last year.
- Advanced Micro Devices Inc. has reported it’s per share loss for the quarter at 17 cents.
- Advanced Micro Devices Inc. had incurred 18 cents per share in loss for the third quarter of the last year.
Advanced Micro Devices Inc. was expected to report its earnings per share at 6 cents per share. The company reported its revenue at $1.62 billion, beating consensus estimate of $1.6 billion in revenue. The company had earned $1.4 billion revenue last year’s corresponding time.
Dirk Meyer, Chief Executive Officer of Advanced Micro Devices Inc., said that the results were, “highlighted by solid gross margin and a continued focus on profitability, despite weaker than expected consumer demand.”
The company said that it expects the company revenue to remain sequentially flat during the current quarter.
Advanced Micro Devices is a California-based global semiconductor company.
Key Financial Stats
Valuation
- Price/Earnings(TTM)3.80
- Price/Cash Flow2.40
- Price/Sales (TTM)0.77
- Price/Book6.40
Financial Strength
- Quick Ratio (MRQ)1.60
- Current Ratio (MRQ)2.00
- LT Debt to Equity (MRQ)3.22
- Total Debt to Capital (MRQ)3.43
- Return on Equity167.00
Assets
- Asset Turnover0.90
- Asset per Employee.4M
- Inventory Turnover5.10
Per Share Data
- Earnings (TTM)1.88
- Current P/E Ratio2.00
- Cash Flow3.01
- Annual Dividend0.00
- Book Value1.11
- EBITDA25.50
Profitability
- Market Cap1.88
- Gross Margin (TTM)56.60
- Operating Margin (TTM)25.50
- Profit Margin (TTM) 20.00
Management Effectiveness
- Return on Equity (TTM)167.00%
- Return on Assets (TTM)25.30%
- Return on Investment (TTM)39.60%
