AMD (AMD) PT Raised to $4.50 at Jefferies on 'Beat and Raise' Qtr

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AMD Reports 2016 First Quarter Results

April 21, 2016 4:15 PM EDT

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