TABLE - Advanced Micro Devices (NYSE:AMD) Q1 results
SUNNYVALE, Calif., April 7 (Reuters) -
Advanced Micro Devices, Inc.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Thousands except per share amounts)
Quarters Ended
(Unaudited)
Mar. 29 Dec. 28 Mar. 30
1998 1997 1997
Net sales $ 540,856 $ 613,171$ 551,999
Cost of sales 423,591 428,856 349,076
Research and development 128,120 127,031 104,908
Marketing, general and
administrative 88,214 102,296 94,519
639,925 658,183 548,503
Operating income (loss) (99,069) (45,012) 3,496
Interest income and other, net 5,581 6,525 13,322
Interest expense (12,472) (11,757) (9,410)
Income (loss) before income taxes
and equity in joint venture
(105,960) (50,244) 7,408
Provision (benefit) for income
taxes (42,397) (29,861) 2,148
Income (loss) before equity
in joint venture (63,563) (20,383) 5,260
Equity in net income of
joint venture 7,736 8,049 7,691
Net income (loss) applicable (55,827) (12,334) 12,951
to common stockholders
Net income (loss) per common
share
- Basic (0.39) (0.09) 0.09
- Diluted (0.39) (0.09) 0.09
Shares used in per share
calculation
- Basic 142,503 141,889 138,616
- Diluted 142,503 141,889 146,758
Copyright 1998, Reuters News Service |
