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A78M-A | Motherboards | ASUS Global
AMD Announces Good Fiscal and Year Results
Yesterday AMD announced results for its fourth quarter and fiscal 2021 ended December 26, 2021. In general, the company is doing very well, this is the fifth consecutive quarter that has brought profit.
Sales for the quarter were 1.26 billion. Doll., operating income – 20 million. Doll., total loss – 30 million. Doll. due to payments in repayment of loans of 49 million. Doll. Sales increased 5% yoy and 2% yoy. Accordingly, sales and profit for the 4th quarter of 2021 and the 3rd quarter of 2021 amounted to 1.21 billion. (43 million.) dollars. and 1.24 billion. (44 million.) dollars.
In 2021, the level of sales amounted to a record 5 billion. Doll., 43% over 2021, net profit 91 million. Doll., taking into account the repayment of debt on loans in the amount of 51.6 million. Doll. In 2021, the turnover was 3.52 billion. Doll., net loss 274 million. Doll., including loans in the amount of 13.9 million. Doll.
According to the announcement of the results, Robert J. Rivet, AMD’s CFO, said both of the company’s core businesses, both microprocessor and flash, were profitable last year. Sales growth for the year of processors amounted to 29%, memory – 65%. This success is associated, respectively, with the AMD64 series processors (which now make up half of all processors sold by the company) and the MirrorBit architecture memory. A successful year made it possible to repay loans on time and increase production development costs in the 4th quarter by 9%.
AMD’s total capitalization grows from 1.19 billion. Doll. in Q3 to 1.2 billion. Doll. at the end of the fourth.
Achievements of the company in the 4th quarter:
- 40% of Forbes Global 100 companies use AMD products
- AMD Athlon 64 FX-55 leads in performance (according to the company) in the hi-end PC sector
- Sempron 3000+ introduced for thin laptops
- Launched PIC (Personal Internet Communicator), a simple minicomputer for Internet access for developing countries
- Microsoft agreed to the policy of licensing multiprocessor operating systems and applications from the socket, not from the kernel (relevant for multi-core processors)
- Spansion Unveils Serial Flash and New ORNAND Architecture.