AMD to miss revenue target

Iria · Jul 7, 2006, 04:15 AM

Source: News.com
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Advanced Micro Devices announced its second-quarter revenue figures ahead of schedule on Thursday, and investors are not going to be pleasantly surprised.

AMD's revenue for the second quarter is expected to be $1.21 billion, a 52 percent increase compared with the same period last year. However, analysts had been expecting AMD to record $1.3 billion in revenue, according to estimates polled by Thomson First Call.

Jul 7, 2006, 04:15 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	AMD to miss revenue target Source: News.com _________ Advanced Micro Devices announced its second-quarter revenue figures ahead of schedule on Thursday, and investors are not going to be pleasantly surprised. AMD's revenue for the second quarter is expected to be $1.21 billion, a 52 percent increase compared with the same period last year. However, analysts had been expecting AMD to record $1.3 billion in revenue, according to estimates polled by Thomson First Call.