AMD Updates Fourth Quarter Outlook

by Marco Chiappetta — Friday, January 12, 2007, 11:00 AM EDT

AMD Updates Fourth Quarter Outlook

SUNNYVALE, Calif. - AMD (NYSE:AMD) today announced revenue, excluding ATI-related segments, for the fourth quarter ended December 31, 2006 is expected to increase approximately three percent from the $1.33 billion reported in the third quarter of 2006. Fourth quarter operating income, excluding ATI-related segments and acquisition-related charges, is expected to be positive but substantially lower than in the third quarter. The fourth quarter gross margin and operating income were impacted by significantly lower microprocessor average selling prices, which largely offset a significant increase in unit sales.

AMD will report fourth quarter 2006 consolidated results after market close on January 23, 2007. AMD will hold a conference call on this day for the financial community at 2:00 p.m. PT to discuss fourth quarter results. A real-time audio broadcast of the teleconference will be provided at www.amd.com and www.streetevents.com. The webcast will be available for ten days after the conference call. READ MORE...

Tags: AMD, Update, outlook, Date, PDA, updates, art, RT, AR, AM, K

Marco Chiappetta

Marco's interest in computing and technology dates all the way back to his early childhood. Even before being exposed to the Commodore P.E.T. and later the Commodore 64 in the early ‘80s, he was interested in electricity and electronics, and he still has the modded AFX cars and shop-worn soldering irons to prove it. Once he got his hands on his own Commodore 64, however, computing became Marco's passion. Throughout his academic and professional lives, Marco has worked with virtually every major platform from the TRS-80 and Amiga, to today's high end, multi-core servers. Over the years, he has worked in many fields related to technology and computing, including system design, assembly and sales, professional quality assurance testing, and technical writing. In addition to being the Managing Editor here at HotHardware for close to 15 years, Marco is also a freelance writer whose work has been published in a number of PC and technology related print publications and he is a regular fixture on HotHardware’s own Two and a Half Geeks webcast. - Contact: marco(at)hothardware(dot)com