October 17, 2013 / 8:24 PM / 4 years ago

RPT--Advanced Micro swings to profit

SAN FRANCISCO, Oct 17 (Reuters) - Advanced Micro Devices reported a third-quarter net profit of $48 million, or 6 cents a share, compared to a net loss of $157 million or 21 cents a share in the year-ago quarter as the chipmaker turns to upcoming game consoles to offset slow demand for personal computers.

AMD said on Thursday its third-quarter revenue was $1.46 billion, compared to $1.27 billion in the same quarter last year. Analysts on average expected third-quarter revenue of $1.416 billion, according to Thomson Reuters I/B/E/S.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below