AMD beats estimates and nears break-even

[B3D News]

AMD's stock was up more than 5% in after-hours trading last night as the company beat expectations by reporting a non-GAAP operating loss of only $9M, versus $148M in Q3. The main upsides were quarterly seasonality and sales of 400K Barcelona units (2:1 desktop-server ratio).

Read the full news item

 

[AlphaWolf]

They managed to get back over $7 today, up over 11%.

 

[_xxx_]

Hey, nice news for them! I actually expected worse, good they could turn it around.

 

[INKster]

This also means that the "investor safety net/excuse" of the ATI goodwill charges can't be used anymore to justify future financial slip-ups.
It will all come down to how effective their processors will be in competing with the 45nm Core 2's, as well as the low-end 65nm Core 2 derivatives (Pentium Dual-Core and Celeron Dual-Core).

 

[ShaidarHaran]

Wow. I'm very surprised. Good for them. Hopefully they can build on this and eventually start putting some money back into R&D and fabs again.

 

[digitalwanderer]

Still up 11.5%, w00t!

Hey, this is a huge happy surprise to me. I really expected 'em to bomb this quarter.