AMD Blowout!

Quote from waggie945:

AMD comes in with +0.09 cents (pro-forma) per share vs 0.04 expected!

Flash memory +34% to sales of $566 million dollars!

:)

I wouldn't call it a blowout ...

The fourth quarter results include a favorable impact of $14 million, or $0.03 per share

So now you're looking at .06 ...

Trading down at or under $17 after closing at $17.38.

Better take off your rose colored glasses ...
 
You need to learn how to read an earnings report properly!

The pro-forma result was +0.09 cents per share.

Without the .03 cent restructuring charge that you speak of, the earnings number was:

+0.12
 
Looks to be the story initially, ( stock popped to $17.90 initially )but I believe that a lot will hinge on the conference call, with people looking for Q1-Guidance and the success of the adoption of its Athlon 64 and Opteron processors.

Oppenheimer by the way, was looking for +0.09 with the rest of the Street around .03-.04 cents per quarter.

Meanwhile, the Book-to-Bill Ratio is being watched carefully today after the close.

http://www.semi.org/wps/portal
 
Quote from waggie945:

Looks to be the story initially, ( stock popped to $17.90 initially )but I believe that a lot will hinge on the conference call, with people looking for Q1-Guidance

Looking forward, AMD said it expects aggregate sales to be down slightly

... just like INTC forecast Q1 to be down sequentially
 
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