Q4 2011 Results
AMD revenue $1.69 billion, flat sequentially and increased two percent year-over-year
Net loss $177 million, loss per share $0.24, operating income $71 million
Non-GAAP(7) net income $138 million, earnings per share $0.19, operating income $172 million
Gross margin 46 percent
2011 Annual Results
AMD revenue $6.57 billion, flat year-over-year
Net income $491 million, earnings per share $0.66, operating income $368 million
Non-GAAP(7) net income $374 million, earnings per share $0.50, operating income $524 million
Gross margin 45 percent
More than 30 million Accelerated Processor Unit (APU) shipments in 2011 drives record annual notebook revenue
AMD (NYSE:AMD) today announced revenue for the fourth quarter of 2011 of $1.69 billion, net loss of $177 million, or $0.24 per share, and operating income of $71 million. The company reported non-GAAP net income of $138 million, or $0.19 per share, and non-GAAP operating income of $172 million. Fourth quarter non-GAAP net income excludes an impairment of AMD's investment in GLOBALFOUNDRIES of $209 million, restructuring charges of $98 million, the loss from discontinued operations of $4 million, the amortization of acquired intangible assets of $3 million and a loss on debt repurchase of $1 million.
For the year ended December 31, 2011, AMD reported revenue of $6.57 billion, net income of $491 million, or $0.66 per share, and operating income of $368 million. Full year non-GAAP net income was $374 million, or $0.50 per share, and non-GAAP operating income was $524 million.
"AMD shipped more than 30 million APU's in 2011, resulting in record annual notebook revenue," said Rory Read, AMD president and CEO. "The unmatched combination of computing and graphics capabilities in our low-power 'Brazos' platform has made it our fastest ramping platform ever, paving the way for continued growth in key segments and geographies. Our server business has re-gained momentum, delivering two consecutive quarters of strong sequential growth.
We continued optimizing our financial model in 2011, consistently delivering operating income and creating the foundation for sustained success. We begin 2012 clear on our priorities and opportunities. We are building an AMD that consistently delivers on its commitments."
Click here for more info.
Latest News Posts
- Huawei to launch Honor Note 9 with Infinity Display
- Sharp to launch new high-end TV brand in US
- Musk says Zuckerberg has limited understanding of AI
- New iPhone 8 leaked renders allegedly show final design
- Note8 to have better optical zoom than iPhone 7?
- Team T-Force Night Hawk RGB DDR4-3000 RAM Kit Review
- Phanteks Evolv Shift SFF Chassis Review
- GIGABYTE X299 AORUS Gaming 7 Motherboard Review
- Comic-Con 2017 trailer round-up: MCU vs DCEU vs the rest
- graphics card not detected via riser cable
- ADATA Debuts XPG SPECTRIX D40 RGB DDR4 RAM
- Atari announces Blade Runner 2049 partnership with NECA and Audiowear, launching wearable technology that blurs the line between fashion and future
- BIOSTAR introduces the world's first 8-slot PCI-e mining motherboard with the TB250-BTC+
- HyperX unveils HyperX Alloy Elite and TKL HyperX Alloy FPS Pro mechanical gaming keyboards
- Toshiba Memory Corporation develops world's first 3D flash memory with TSV technology