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AMD has record Q1 revenue

AMD Q1 financials are good

| Business, Financial & Legal News | Posted: Apr 16, 2010 5:10 pm

With Q1 2010 coming to an end major tech firms are starting to offer up their financials for the quarter. From all accounts, the economy and tech spending are turning around.

 

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Intel announced a best ever quarter for Q1 2010 and rival AMD has now announced record revenues of its own. AMD has posted revenue of $1.57 billion for the quarter. Operating income was $182 million with non-GAAP net income of $63 million.

 

Non-GAAP net income per share was 9 cents. AMD thanks its next generation notebook platforms, graphics cards, and server platforms for the improvement in performance. The company posted a loss of $416 million in Q1 2009.

 

NEWS SOURCES:Amd.com

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