AMD has another poor quarter as they continue restructuring efforts

AMD has another poor quarter as they continue restructuring efforts
AMD has reported another poor quarter as the company continues to restructure its core businesses.

For the quarter, the company had revenue of $1.03 billion, a large 26.4 percent decrease year-over-year and the company had a net loss of $180 million.

A good chunk of the losses came via the ongoing restructuring fees AMD is paying to get out of the dense server business, where it is winding down its Seamicro brand. For the quarter, the wind down cost $75 million.

Computing and Graphics saw a major 38 percent revenue decline year-over-year thanks to lower desktop and notebook processor sales as well as GPU channel sales. The Enterprise, Embedded and Semi-Custom segment fared better with a mere 7 percent YoY decline in revenue. AMD saw the declines due to lower server processor sales. The company is now banking on the upcoming Carrizo APU to offset losses.

Source:
Anand


Written by: Andre Yoskowitz @ 19 Apr 2015 19:17
Tags
AMD corporate earnings
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  • 3 comments
  • hearme0

    Bummer......I'm a huge fan of AMD over NVidia.

    20.4.2015 16:54 #1

  • SomeBozo

    Originally posted by hearme0: Bummer......I'm a huge fan of AMD over NVidia.


    I can't agree more with you Bummer.

    I remember when nvida was good, but that was a long long time ago, before the crap they pull off a few years back, 7 years back or so? Remember the lawsuit they lost for helping extend people's laptop batteries by slowing down or stopping the fans and ultimately burning out user's laptops? Or the issue for apple users ( i'm strictly a PC fan) but lost another lawsuit claiming a flaw in apple's architecture was the problem, all the while it was a defect in the nvida card... My memory is failing, I know there were 3 or other issues all where they lost various lawsuits for similar practices about the same level of unethical practices on nvidia's part, would be easy enough to dig up if needed, but not worth the effort, i still wouldn't ever want to buy any nvidia program after their past track record.

    21.4.2015 01:56 #2

  • DXR88

    Originally posted by SomeBozo: Originally posted by hearme0: Bummer......I'm a huge fan of AMD over NVidia.


    I can't agree more with you Bummer.

    I remember when nvida was good, but that was a long long time ago, before the crap they pull off a few years back, 7 years back or so? Remember the lawsuit they lost for helping extend people's laptop batteries by slowing down or stopping the fans and ultimately burning out user's laptops? Or the issue for apple users ( i'm strictly a PC fan) but lost another lawsuit claiming a flaw in apple's architecture was the problem, all the while it was a defect in the nvida card... My memory is failing, I know there were 3 or other issues all where they lost various lawsuits for similar practices about the same level of unethical practices on nvidia's part, would be easy enough to dig up if needed, but not worth the effort, i still wouldn't ever want to buy any nvidia program after their past track record.
    ATi was just as dirty as Nvidia.

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    26.4.2015 14:13 #3

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