Hardware News

AMD's Financial Results For Q4 2002

Hans "stealth_wing" Melis

2003-01-17 00:05:00.0


We've had Intel, now it's AMD's turn to report their results for Q4 2002 and the full year 2002. Let's kick off...
  • Q4 2002 revenue: $686.4 million (+35% sequentially, -28% from Q4 2001)
  • Q4 2002 net loss: $854.7 million or $2.49 per share.
  • Net loss excluding restructuring costs and other charges was $235.1 million or $0.68 per share.
That's it for Q4 2002. Let's take a look at some numbers for 2002.
  • 2002 revenue: $2.7 billion (-31% from 2001)
  • 2002 net loss: $1.3 billion or $3.81 per share (down from net loss of $60.5 million in 2001; $0.18 per share)
  • 2002 net loss excluding one-time charges: $683.4 million or $2.00 per share (down from net profit of $28.9 million in 2001; $0.09 per share)
AMD has been posting a net loss for some time now. The good news is that they were able to reduce the operating loss by nearly $100 million compared to Q3 2002. If you want to read more, check out AMD's press release.