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AMD Reports Fourth Quarter and Annual Results
SUNNYVALE, Calif. — January 23, 2007 –AMD (NYSE: AMD) today reported financial results for the quarter ended December 31, 2006. As a result of AMD’s acquisition of ATI, fourth quarter financial results include the results of the former ATI operations1 beginning October 25, 2006. Because comparison of fourth quarter consolidated financial results to previous periods do not correlate directly, AMD has provided non-GAAP financial measures for AMD’s historical business (pre-acquisition AMD). Management believes this non-GAAP presentation will aid investors by presenting current and historical results in a form that makes it easier to compare current period results with historical results.
To see how AMDs pocketbook is doing, follow the link below. Net loss for Q4 was $574 Million, part in thanks to all of the aquisition fun.
Source: AMD Press Release
Rob Williams
Rob founded Techgage in 2005 to be an 'Advocate of the consumer', focusing on fair reviews and keeping people apprised of news in the tech world. Catering to both enthusiasts and businesses alike; from desktop gaming to professional workstations, and all the supporting software.
