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Record result at AMD

Record result at AMD

Although the prices on the US high-tech stock exchange NASDAQ keep falling, AMD today announced a sensational record result for the last quarter. Earnings per share of $ 1.15 were well above analysts' estimates of $ 0.58. A total of 1.092 billion dollars in sales were made.

Although the prices on the US high-tech stock exchange NASDAQ keep falling AMD today announced sensational record results for the last quarter. Earnings per share of $ 1.15 were well above analysts' estimates of $ 0.58. A total of $ 1.092 billion in sales was made. That included $ 189 million in profit. The quarter ended on April 2nd and, despite the strong December quarter 1999, it was still able to generate 17 percent more sales in a direct comparison. Overall, sales grew by 73 percent compared to the previous year. AMD CEO W.J. Sanders only said: 'We had the best quarter in our company's history'. This success can also be attributed to the Athlon, which is very popular due to its good performance and its fair price. Let's see if the Thunderbird and the Spitfire will help to achieve further sales records.

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