Advanced Micro Devices (AMD) Tops Q1 EPS by 1c

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AMD Reports 2016 First Quarter Results

April 21, 2016 4:15 PM UTC

SUNNYVALE, CA -- (Marketwired) -- 04/21/16 -- AMD (NASDAQ: AMD) today announced revenue for the first quarter of 2016 of $832 million, operating loss of $68 million, and net loss of $109 million, or $0.14 per share. Non-GAAP(1) operating loss was $55 million and non-GAAP(1) net loss was $96 million, or $0.12 per share.

GAAP Financial Results

------------------------------------------------------------------------- Q1-16 Q4-15 Q1-15 ------------------------------------------------------------------------- Revenue $832M $958M $1.03B ------------------------------------------------------------------------- Operating loss $(68)M $(49)M $(137)M ------------------------------------------------------------------------- Net loss / Loss per share $(109)M/$(0.14) $(102)M/$(0.13) $(180)M/$(0.23) -------------------------------------------------------------------------

Non-GAAP Financial Results(1)

---------------------------------------------------------------------------- Q1-16 Q4-15 Q1-15 ---------------------------------------------------------------------------- Revenue $832M $958M... More

PC Gaming Showcase to Return to LA During E3 in Second Annual PC Gaming Show

April 21, 2016 11:00 AM UTC

LOS ANGELES, April 21, 2016 /PRNewswire/ -- "AMD Presents The PC Gaming Show Powered by PC Gamer," the second annual event for developers, publishers, hardware companies, press and fans, will take place at The Theatre at Ace Hotel in Los Angeles on Monday, June 13 at 12 noon PDT. Presented by AMD, organized by PC Gamer, and streamed live in partnership with Twitch, the show will once again unite and energize the PC gaming community with exclusive news, fresh reveals and perspective from some of the most respected names in the industry. Sponsors and participants from last year's inaugural PC... More