AMD reports loss in Q2, expects deficit in Q3
Source: SILICON Strategies
SUNNYVALE, Calif.--Advanced Micro Devices Inc. today reported sales of $600.3 million for its second quarter of 2002, down 33% from the first quarter of this year and a 39% decline from the like period a year ago.
The company reported a net loss of $184.9 million, or minus $0.54 per share, in the quarter. In the second quarter of 2001, AMD reported a net income of $17.4 million, or $0.05 per diluted share. In the first quarter of 2002, AMD reported a net loss of $9.2 million, or minus $0.03 per share.
