AMD to miss revenue target
AMD's revenue for the second quarter is expected to be $1.21 billion, a 52 percent increase compared with the same period last year. However, analysts had been expecting AMD to record $1.3 billion in revenue, according to estimates polled by Thomson First Call.
When AMD reported its first-quarter results in April, it said it expected second-quarter revenue to be flat to slightly down, in line with normal seasonal expectations. But $1.21 billion in revenue is a 9 percent decrease compared with the first quarter.
|All times are GMT +1. The time now is 10:02.|
Powered by vBulletin® - Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO