AMD narrows its losses in the fourth quarter of 2015
by from Techreport on (#1173V)
AMD has turned in its financial results for the fourth quarter of 2015. The company posted an operating loss of $49 million and a net loss of $102 million on $958 million in revenue. Those losses are smaller than those in both the last quarter and the year-ago quarter, even as revenue shrank.
$470 million of that revenue came from the company's Computing and Graphics segment, down 29% from Q4 2014. The company says that decrease is mostly because of lower client processor sales. ...