AMD earnings continue decline with $1.16 billion in Q4 revenue, $5.42 billion in 2012

We can’t say AMD’s declining momentum was unexpected , but these results don’t necessarily have us excited about the future, nonetheless. For Q4, the company posted revenue of $1.16 billion, which is a 32-percent drop from the same period in 2011 , netting a loss of 63 cents per share. For 2012 as a whole, the company’s revenue rang in at $5.42 billion — a 17-percent fall from the previous year, and a $1.60 loss per share. President Rory Read references evolution and diversification when discussing outlook, but it’s clear that the company needs to make some major adjustments before it can return to profitability. Let’s hope that AMD’s 2013 lineup , including the Temash and Kabini APUs , help to turn this company around. You’ll find full Q4 and 2012 earnings in the PDF at the source link below. Filed under: Desktops , AMD Comments Via: The Next Web Source: AMD (PDF)

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AMD earnings continue decline with $1.16 billion in Q4 revenue, $5.42 billion in 2012

Tesla reports great Q3 results, expects to be cash flow positive by Q4

Tesla’s shares are up 3.9 percent to $30.04 on Monday due to Q3 results that point to better things ahead for the Californian EV maker. The company recently reported revenues of $50 million for the third quarter alone, and is well on track to hit its target of $400 to $440 million by year’s end. In a letter to shareholders, Tesla credits production increase for the success, stating that it “successfully transitioned to a mass production car company, growing from manufacturing 5 cars per week at the beginning of the quarter to 100 cars per week by the end.” Indeed, it apparently delivered almost 350 Model S cars in Q3, and expects about 2,500 to 3,000 more of the shiny electric sedans to be sold in Q4, putting the company squarely in the black. We’re not sure if its newly launched Supercharger network has anything to do with the recent uptick in sales, but hopefully this means it’ll be able to pay off that DOE loan soon. Filed under: Transportation Tesla reports great Q3 results, expects to be cash flow positive by Q4 originally appeared on Engadget on Mon, 05 Nov 2012 17:50:00 EDT. Please see our terms for use of feeds . Permalink    |  Forbes  |  Email this  |  Comments

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Tesla reports great Q3 results, expects to be cash flow positive by Q4