Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 259.65

+1.4%

Nov 3 9:30 AM EST

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From: bit3	8/12/2008 5:12:55 PM
	of 275872

NVDA reported a net loss of $120.9 million, or 22 cents a share, compared with net income of $172.7 million, or 29 cents a share, a year earlier. Excluding a $196 million charge to cover costs of repairing or replacing products that failed because of weak die and packaging material and stock-based compensation expense, earnings were 13 cents a share. Adjusted earnings were 34 cents a share a year earlier. Revenue dropped 5% to $892.7 million. ---------- NVIDIA also announced an increase of $1 billion to its stock repurchase program under which it may now purchase up to $2.7 billion of its common stock. BUT Cash, cash equivalents and marketable securities = $1,657,230 biz.yahoo.com

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