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AMD report quarter four ’07 results

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Posted January 18, 2008 by admin in News

We were close to break-even operationally for the quarter, reducing our fourth quarter non-GAAP operating loss to $9 million. We improved gross margin by three points sequentially, driven by increased shipments of new products, higher average selling prices and cost containment actions,? said Robert J. Rivet, AMD?s Chief Financial Officer. ?We shipped a record number of microprocessor units in the quarter, including nearly four hundred thousand quad-core processors.

However, as Tech Report discover, $1.608 billion of that $1.772 billion relates to the impairment charge of the ATI acquisition, and thus isn’t the result of a material loss.

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