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AMD Fiscal 2021 Performance Report
AMD releases its official report for the second fiscal quarter 2021 ended for the company on June 29. According to the data presented, sales for this period amounted to $ 645 million., while the company’s net loss amounted to $ 140 million., or $ 0.40 per share.
Reported sales are 7% higher than the second quarter of last year, but 10% lower than the first quarter of 2021. However, judging by the tone of the report, AMD is pleased with such figures: despite the threat of SARS and the related drop in sales in some countries, the company managed to reduce the volume of net losses by 24% and increase gross profit.
Of the company’s total quarterly revenues of $ 402 million. account for processor sales, which is 7% more than a year ago and 14% less than $ 468 million., earned in the previous quarter. Along with an increase in processor shipments to large system integrators, there is a drop in retail sales, mainly in Europe and Asia. Memory sales fetch $ 211 million., which is a little less than $ 218 million., earned last quarter.
For the third fiscal quarter, AMD representatives predict growth in sales of both processors – including AMD Opteron and AMD Athlon 64 initial batches, and flash memory.