AMD lost $17.4 million in the 1Q

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Thursday April 14, 04:55

AMD lost $17.4 million in the 1Q

(by Peter Van Bruggen)

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Advanced Micro Devices reported on Wednesday a net loss in the first quarter.

AMD’s net loss amounted to $17.4 million, or $0.04 a share, against a net income of $45.1 million, or $0.12 cents a share, in the previous year.

Revenue fell to $1.23 billion from $1.24 billion last year.

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