14-July-04, 05:56 PM
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#1 (permalink)
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| |  Web News: AMD meets second-quarter expectations
AMD posted a profit Wednesday, reporting second-quarter earnings that met analysts' expectations.  | Quote: |  | | | | | | | | | | The chipmaker's second-quarter net income totaled $32 million, a 9 cent per share profit, on revenue of $1.3 billion for the quarter, which ended June 27. During the same quarter a year ago, AMD took in only $645 million, resulting in a $140 million, or 40 cents a share, loss.
On average, 28 analysts polled by Thompson First Call expected AMD to report a 9 cent per share profit, while 23 analysts predicted that the chipmaker would post revenue of $1.2 billion. | |  | |  | | Hmm..Where is Intel's position? |
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