AMD has announced its third quarter financial results, reporting a revenue of US $1.06 billion, which is a significant drop compared to the same period last year.

With a net loss of US $136 million, or 17 cents per share, AMD did quite worse than in the same period last year. The company wrote-down $65 million of old APU inventory and while semi-custom chips, like the ones shipping to Sony and Microsoft for Playstation 4 and Xbox One, are doing well, AMD took a big hit with GPU sales, which were down from last year.

In terms of numbers, the Computing and Graphics segment is still struggling as AMD did see a decent sequential growth mostly thanks to the aforementioned new graphics cards as well as the recent launch of Carrizo APUs. While the revenue of US $424 million is up from $379 million last quarter, it is still down by 46 percent compared to the reported US $781 million revenue in the same quarter last year.

The, so called, Enterprise, Embedded, and Semi-Custom segment actually had a increase in revenue of 13 percent compared to the last quarter and was only down by 2 percent compared to the same quarter last year. AMD reported a revenue of US $637 million in this segment.

AMD expects a significant decrease of additional 10 percent in the next quarter, mostly attributed to an expected decline in custom APUs shipments, but also expects the same seasonal increase in the Computing and Graphics segment.





Source: AMD.com.