| ||Thread Tools|
|19th January 2006, 03:53||#1|
Join Date: Mar 2004
AMD Reports Fourth Quarter and Annual Results
AMD, excluding the results of the Memory Products Group segment, had fourth quarter sales of $1.35 billion, an increase of 78 percent from the fourth quarter of 2004 and 34 percent from the third quarter of 2005. Comparable sales in the fourth quarter of 2004 were $760 million, resulting in operating income of $59 million. Comparable sales in the third quarter of 2005 were $1.01 billion, resulting in operating income of $129 million.
For the year ended December 25, 2005, AMD achieved record sales of $5.85 billion, a 17 percent increase from 2004. Fiscal year 2005 net income was $165 million, or $0.40 per share. The annual results include a non-cash charge in the fourth quarter of $110 million, or $0.25 per share, associated with the reduction of AMD's ownership in Spansion to 37.9 percent as a result of Spansion's IPO. AMD reported sales in 2004 of $5.00 billion and a net income of $91 million, or $0.25 per share.
AMD, excluding the results of the Memory Products Group segment, had sales of $3.94 billion for the year ended December 25, 2005, an increase of 48 percent from 2004, and operating income of $543 million for 2005. Comparable sales in 2004 were $2.66 billion, resulting in operating income of $187 million.
"AMD's growth rate increased in the fourth quarter resulting in continued market share gains across server, desktop and mobile product lines," said Robert J. Rivet, AMD's chief financial officer. "In addition to solid execution against our product and technology strategies, we made significant strides in the quarter to improve our balance sheet by significantly reducing our debt and increasing our cash and short-term investment balance to $1.8 billion."
Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II
|Thread||Thread Starter||Forum||Replies||Last Post|
|nVidia Reports mixed 4Q and Annual Results||jmke||WebNews||0||18th February 2010 15:09|
|AMD Reports First Quarter Results||jmke||WebNews||0||18th April 2008 08:33|
|AMD 3D Workstation Graphics Card with DisplayPort Support||jmke||WebNews||0||31st March 2008 13:34|
|AMD Launches 65-Watt Quad-Core Desktop Processor||jmke||WebNews||1||27th March 2008 15:43|
|AMD Launches World’s First x86 Triple-Core Processors||jmke||WebNews||0||27th March 2008 15:16|
|High Performance AMD Phenom™ X4 Processors Lead the Charge to HD Desktop Gaming and V||jmke||WebNews||0||27th March 2008 15:09|
|NVIDIA Achieves Record Annual Revenue||jmke||WebNews||1||14th February 2007 16:56|
|AMD gains market share, but so does Intel||Sidney||WebNews||0||2nd February 2005 03:49|
|AMD annouces dual core in mid 2005, product design finished||jmke||WebNews||1||14th June 2004 23:14|
|Amd Reports Fourth Quarter And Annual Results||jmke||WebNews||0||30th January 2004 14:47|