Today's Hard|Forum Post
Today's Hard|Forum Post

Friday July 17, 2015

AMD Reports 2015 Second Quarter Results

​AMD today announced revenue for the second quarter of 2015 of $942 million, operating loss of $137 million, and net loss of $181 million, or $0.23 per share. Non-GAAP1 operating loss was $87 million and non-GAAP1 net loss was $131 million, or $0.17 per share.

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"Strong sequential revenue growth in our EESC segment and channel business was not enough to offset near-term challenges in our PC processor business due to lower than expected consumer demand that impacted sales to OEMs," said Dr. Lisa Su, AMD president and CEO. "We continue to execute our long-term strategy while we navigate the current market environment. Our focus is on developing leadership computing and graphics products capable of driving profitable share growth across our target markets."