It's almost hurting to see how AMD continues to suffer and on the other hand it's just obvious that it simply cannot work out. AMD has reported on its second quarter results, posting a loss of 181 Million US-Dollar, which equals to a loss of 0.23 US-Dollar per share.

During the same quarter last year AMD performed an operating profit of 63 Million US-Dollar but a net loss of 30 Million US-Dollar (0.05 US-Dollar per share). After having communicated these numbers AMDs share, which is listed on NASDAQ, has crashed from 2.49 US-Dollar to 2.00 US-Dollar and meanwhile it's sitting at 1.87 US-Dollar. This actually means that the company today lost 23 percent in value just today.

Total revenue in Q2 2015 was 942 Million US-Dollar, which is significantly less than what it was last year. In Q2 2014 AMD reported earnings of 1.44 Billion US-Dollar. Therefore this year's Q2 revenue is 34 percent lower than last year's. Compared to the previous quarter there is an eight percent sequential decrease in revenue.

Regarding their APUs AMD is currently shifting to FinFET process technology, which (hopefully) helps to put the company in a more competitive position. Apart from that sales of the newly released Fury graphics cards should increase drastically during the third quarter this year. Hopefully GPUs and HBM memory are going to be available and there will be no shortage.

Consider also that AMDs debt reamined flat at 2.27 Billion US-Dollar, since they have not been able to write anything off. AMD is still in seriously bad shape. We're hoping that business picks up for AMD, since the actual situation, that Intel doesn't have a proper competitor is still very alarming.




Source: AMD