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Elmer Phud

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Elmer Phud

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Thursday, 01/16/2003 4:40:35 PM

Thursday, January 16, 2003 4:40:35 PM

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http://biz.yahoo.com/bw/030116/160411_1.html

AMD Reports Fourth Quarter and Annual Results
Thursday January 16, 4:30 pm ET
AMD Increases Sales by 35 Percent and Narrows Operating Loss From Ongoing Operations by Approximately $100 Million
Sees Record Unit Consumption of AMD PC Processors


SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 16, 2003-- AMD (NYSE:AMD - News) today reported sales of $686,430,000 and a net loss of $854,740,000 for the quarter ended December 29, 2002. The net loss amounted to $2.49 per share. Excluding the effects of restructuring and other charges(1) to show the company's results from ongoing operations, the fourth quarter net loss was $235,145,000, or $0.68 per share.

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