{"id":18044,"date":"2015-07-08T16:52:59","date_gmt":"2015-07-08T14:52:59","guid":{"rendered":"http:\/\/www.planet3dnow.de\/cms\/?p=18044"},"modified":"2015-07-08T16:52:59","modified_gmt":"2015-07-08T14:52:59","slug":"amd-updates-second-quarter-outlook","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/18044-amd-updates-second-quarter-outlook\/","title":{"rendered":"AMD<\/span> Updates Second Quarter Outlook"},"content":{"rendered":"

SUNNYVALE<\/span>, CA<\/span> \u2014 (Mar\u00adket\u00adwired) \u2014 07\/06\/15 \u2013<\/strong> AMD<\/span><\/a> (NASDAQ<\/span>: AMD<\/span>) today announ\u00adced that reve\u00adnue for the second quar\u00adter ended June 27, 2015 is expec\u00adted to be lower than pre\u00advious\u00adly gui\u00added. The com\u00adpa\u00adny now expects second quar\u00adter reve\u00adnue to decrease appro\u00adxi\u00adm\u00adate\u00adly 8 per\u00adcent sequen\u00adti\u00adal\u00adly, com\u00adpared to the pre\u00advious gui\u00addance of down 3 per\u00adcent, plus or minus 3 per\u00adcent. The sequen\u00adti\u00adal decrease is pri\u00adma\u00adri\u00adly due to wea\u00adk\u00ader than expec\u00adted con\u00adsu\u00admer PC<\/span> demand impac\u00adting the company\u2019s Ori\u00adgi\u00adnal Equip\u00adment Manu\u00adfac\u00adtu\u00adrer (OEM<\/span>) APU<\/span> sales. The com\u00adpa\u00adny expects second quar\u00adter chan\u00adnel sales and chan\u00adnel inven\u00adto\u00adry reduc\u00adtion efforts to be in-line with the company\u2019s plans.<\/p>\n

The com\u00adpa\u00adny anti\u00adci\u00adpa\u00adtes non-GAAP gross mar\u00adgin to be appro\u00adxi\u00adm\u00adate\u00adly 28 per\u00adcent, com\u00adpared to the pre\u00advious non-GAAP gui\u00addance of appro\u00adxi\u00adm\u00adate\u00adly 32 per\u00adcent pri\u00adma\u00adri\u00adly due to a hig\u00adher mix of Enter\u00adpri\u00adse, Embedded and Semi-Cus\u00adtom seg\u00adment sales and lower than anti\u00adci\u00adpa\u00adted Com\u00adpu\u00adting and Gra\u00adphics seg\u00adment APU<\/span> unit volu\u00admes due to wea\u00adk\u00ader than expec\u00adted OEM<\/span> PC<\/span> pro\u00adduct demand. Addi\u00adtio\u00adnal\u00adly the com\u00adpa\u00adny anti\u00adci\u00adpa\u00adtes GAAP<\/span> gross mar\u00adgin to be fur\u00adther impac\u00adted by a one-time char\u00adge of appro\u00adxi\u00adm\u00adate\u00adly $33 mil\u00adli\u00adon asso\u00adcia\u00adted with a tech\u00adno\u00adlo\u00adgy node tran\u00adsi\u00adti\u00adon from 20 nano\u00adme\u00adter (nm) to Fin\u00adFET. The com\u00adpa\u00adny star\u00adted seve\u00adral pro\u00adduct designs in 20nm that will ins\u00adtead tran\u00adsi\u00adti\u00adon to the lea\u00adding-edge Fin\u00adFET node.<\/p>\n

Cash and cash equi\u00adva\u00adlents at the end of the second quar\u00adter are expec\u00adted to be appro\u00adxi\u00adm\u00adate\u00adly $830 mil\u00adli\u00adon, in line with expectations.<\/p>\n

AMD<\/span> will report second quar\u00adter 2015 results after mar\u00adket clo\u00adse on Thurs\u00adday, July 16, 2015. AMD<\/span> will hold a con\u00adfe\u00adrence call for the finan\u00adcial com\u00admu\u00adni\u00adty at 2:30 p.m. PT<\/span> (5:30 p.m. ET<\/span>) that day to dis\u00adcuss second quar\u00adter finan\u00adcial results and to pro\u00advi\u00adde infor\u00adma\u00adti\u00adon regar\u00adding expec\u00adted third quar\u00adter results. AMD<\/span> will pro\u00advi\u00adde a real-time audio broad\u00adcast of the tele\u00adcon\u00adfe\u00adrence on the Inves\u00adtor Rela\u00adti\u00adons<\/a> page at http:\/\/www.amd.com<\/a>. The web\u00adcast will be available for 10 days after the con\u00adfe\u00adrence call.<\/p>\n

About AMD<\/span><\/strong>
\n<\/em>AMD<\/span> (NASDAQ<\/span>: AMD<\/span>) designs and inte\u00adgra\u00adtes tech\u00adno\u00adlo\u00adgy that powers mil\u00adli\u00adons of intel\u00adli\u00adgent devices, inclu\u00adding per\u00adso\u00adnal com\u00adpu\u00adters, tablets, game con\u00adso\u00adles and cloud ser\u00advers that defi\u00adne the new era of sur\u00adround com\u00adpu\u00adting. AMD<\/span> solu\u00adti\u00adons enable peo\u00adp\u00adle ever\u00ady\u00adwhe\u00adre to rea\u00adli\u00adze the full poten\u00adti\u00adal of their favo\u00adri\u00adte devices and appli\u00adca\u00adti\u00adons to push the boun\u00adda\u00adries of what is pos\u00adsi\u00adble. For more infor\u00adma\u00adti\u00adon, visit www.amd.com<\/a>.<\/span><\/p>\n

AMD<\/span> and the AMD<\/span> Arrow logo are trade\u00admarks of Advan\u00adced Micro Devices, Inc. <\/em><\/span><\/p>\n

AMD<\/span>\u2019s con\u00adso\u00adli\u00adda\u00adted finan\u00adcial data for the quar\u00adter ended June 27, 2015 has not been fina\u00adli\u00adzed. AMD<\/span>\u2019s expec\u00adta\u00adti\u00adons with respect to the preli\u00admi\u00adna\u00adry unau\u00addi\u00adted results for the second quar\u00adter dis\u00adcus\u00adsed abo\u00adve are based upon its esti\u00adma\u00adtes and sub\u00adject to com\u00adple\u00adti\u00adon of its finan\u00adcial clo\u00adsing pro\u00adce\u00addu\u00adres. This sum\u00adma\u00adry is not a com\u00adpre\u00adhen\u00adsi\u00adve state\u00adment of AMD<\/span>\u2019s finan\u00adcial results for this peri\u00adod, and AMD<\/span>\u2019s actu\u00adal results upon com\u00adple\u00adti\u00adon of AMD<\/span>\u2019s finan\u00adcial clo\u00adse pro\u00adce\u00addu\u00adres may dif\u00adfer mate\u00adri\u00adal\u00adly from the\u00adse esti\u00adma\u00adtes. This press release con\u00adta\u00adins for\u00adward-loo\u00adking state\u00adments con\u00adcer\u00adning AMD<\/span>, its second quar\u00adter 2015 reve\u00adnue, chan\u00adnel sales, gross mar\u00adgin, non-GAAP gross mar\u00adgin and its cash and cash equi\u00adva\u00adlent balan\u00adces, which are made pur\u00adsu\u00adant to the Safe Har\u00adbor pro\u00advi\u00adsi\u00adons of the Pri\u00adva\u00adte Secu\u00adri\u00adties Liti\u00adga\u00adti\u00adon Reform Act of 1995. For\u00adward-loo\u00adking state\u00adments are com\u00admon\u00adly iden\u00adti\u00adfied by words such as \u201cwould,\u201d \u201cmay,\u201d \u201cexpects,\u201d \u201cbelie\u00adves,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cpro\u00adjects\u201d and other terms with simi\u00adlar mea\u00adning. Inves\u00adtors are cau\u00adtio\u00adned that the for\u00adward-loo\u00adking state\u00adments in this release are based on cur\u00adrent beliefs, assump\u00adti\u00adons and expec\u00adta\u00adti\u00adons, speak only as of the date of this release and invol\u00adve risks and uncer\u00adtain\u00adties that could cau\u00adse actu\u00adal results to dif\u00adfer mate\u00adri\u00adal\u00adly from cur\u00adrent expec\u00adta\u00adti\u00adons. Risks include that Intel Corporation\u2019s domi\u00adnan\u00adce of the micro\u00adpro\u00adces\u00adsor mar\u00adket and its aggres\u00adsi\u00adve busi\u00adness prac\u00adti\u00adces may limit AMD<\/span>\u2019s abili\u00adty to com\u00adpe\u00adte effec\u00adtively; that AMD<\/span> reli\u00ades on Glo\u00adbal\u00adFound\u00adries Inc. (GF<\/span>) to manu\u00adfac\u00adtu\u00adre most of its micro\u00adpro\u00adces\u00adsor and APU<\/span> pro\u00adducts and cer\u00adtain of its GPU<\/span> and semi-cus\u00adtom pro\u00adducts. If GF<\/span> is not able to satis\u00adfy its manu\u00adfac\u00adtu\u00adring requi\u00adre\u00adments, AMD<\/span>\u2019s busi\u00adness could be adver\u00adse\u00adly impac\u00adted; that AMD<\/span> reli\u00ades on third par\u00adties to manu\u00adfac\u00adtu\u00adre its pro\u00adducts, and if they are unable to do so on a time\u00adly basis in suf\u00adfi\u00adci\u00adent quan\u00adti\u00adties and using com\u00adpe\u00adti\u00adti\u00adve tech\u00adno\u00adlo\u00adgies, AMD<\/span>\u2019s busi\u00adness could be mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted; fail\u00adure to achie\u00adve expec\u00adted manu\u00adfac\u00adtu\u00adring yields for AMD<\/span>\u2019s pro\u00adducts could nega\u00adtively impact its finan\u00adcial results; the suc\u00adcess of its busi\u00adness is depen\u00addent upon its abili\u00adty to intro\u00addu\u00adce pro\u00adducts on a time\u00adly basis with fea\u00adtures and per\u00adfor\u00admance levels that pro\u00advi\u00adde value to its cus\u00adto\u00admers while sup\u00adport\u00ading and coin\u00adci\u00adding with signi\u00adfi\u00adcant indus\u00adtry tran\u00adsi\u00adti\u00adons; if AMD<\/span> can\u00adnot gene\u00adra\u00adte suf\u00adfi\u00adci\u00adent reve\u00adnue and ope\u00adra\u00adting cash flow or obtain exter\u00adnal finan\u00adcing, it may face a cash short\u00adfall and be unable to make all of its plan\u00adned invest\u00adments in rese\u00adarch and deve\u00adlo\u00adp\u00adment or other stra\u00adte\u00adgic invest\u00adments; that AMD<\/span> may not be able to suc\u00adcessful\u00adly imple\u00adment its busi\u00adness stra\u00adtegy to refo\u00adcus its busi\u00adness to address mar\u00adkets bey\u00adond AMD<\/span>\u2019s core PC<\/span> mar\u00adket to high-growth adja\u00adcent mar\u00adkets; the com\u00adple\u00adti\u00adon and impact of the 2014 res\u00adtruc\u00adtu\u00adring plan and its trans\u00adfor\u00adma\u00adti\u00adon initia\u00adti\u00adves could adver\u00adse\u00adly affect AMD<\/span>; glo\u00adbal eco\u00adno\u00admic uncer\u00adtain\u00adty may adver\u00adse\u00adly impact AMD<\/span>\u2019s busi\u00adness and ope\u00adra\u00adting results; AMD<\/span> may not be able to gene\u00adra\u00adte suf\u00adfi\u00adci\u00adent cash to ser\u00advice its debt obli\u00adga\u00adti\u00adons or meet its working capi\u00adtal requi\u00adre\u00adments; AMD<\/span> has a sub\u00adstan\u00adti\u00adal amount of indeb\u00adted\u00adness which could adver\u00adse\u00adly affect its finan\u00adcial posi\u00adti\u00adon and pre\u00advent it from imple\u00admen\u00adting its stra\u00adtegy or ful\u00adfil\u00adling its con\u00adtrac\u00adtu\u00adal obli\u00adga\u00adti\u00adons; the agree\u00adments gover\u00adning AMD<\/span>\u2019s notes and its amen\u00added and resta\u00adted seni\u00ador secu\u00adred asset based line of cre\u00addit for a prin\u00adci\u00adpal amount up to $500 mil\u00adli\u00adon (Secu\u00adred Revol\u00adving Line of Cre\u00addit) impo\u00adse rest\u00adric\u00adtions on AMD<\/span> that may adver\u00adse\u00adly affect AMD<\/span>\u2019s abili\u00adty to ope\u00adra\u00adte its busi\u00adness; the mar\u00adkets in which AMD<\/span>\u2019s pro\u00adducts are sold are high\u00adly com\u00adpe\u00adti\u00adti\u00adve; the loss of a signi\u00adfi\u00adcant cus\u00adto\u00admer may have a mate\u00adri\u00adal adver\u00adse effect on it; AMD<\/span>\u2019s receipt of reve\u00adnue from its semi-cus\u00adtom SoC pro\u00adducts is depen\u00addent upon AMD<\/span>\u2019s tech\u00adno\u00adlo\u00adgy being desi\u00adgned into third-par\u00adty pro\u00adducts and the suc\u00adcess of tho\u00adse pro\u00adducts; the demand for AMD<\/span>\u2019s pro\u00adducts depends in part on the mar\u00adket con\u00addi\u00adti\u00adons in the indus\u00adtries into which they are sold. Fluc\u00adtua\u00adtions in demand for AMD<\/span>\u2019s pro\u00adducts or a mar\u00adket decli\u00adne in any of the\u00adse indus\u00adtries could have a mate\u00adri\u00adal adver\u00adse effect on AMD<\/span>\u2019s results of ope\u00adra\u00adti\u00adons; AMD<\/span>\u2019s abili\u00adty to design and intro\u00addu\u00adce new pro\u00adducts in a time\u00adly man\u00adner is depen\u00addent upon third-par\u00adty intellec\u00adtu\u00adal pro\u00adper\u00adty; AMD<\/span> depends on third-par\u00adty com\u00adpa\u00adnies for the design, manu\u00adfac\u00adtu\u00adre and sup\u00adp\u00adly of mother\u00adboards, BIOS<\/span> soft\u00adware and other com\u00adpu\u00adter plat\u00adform com\u00adpon\u00adents to sup\u00adport its busi\u00adness; if AMD<\/span> loses Micro\u00adsoft Corporation\u2019s sup\u00adport for its pro\u00adducts or other soft\u00adware ven\u00addors do not design and deve\u00adlop soft\u00adware to run on AMD<\/span>\u2019s pro\u00adducts, its abili\u00adty to sell AMD<\/span> pro\u00adducts could be mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted; AMD<\/span> may incur future impairm\u00adents of good\u00adwill; uncer\u00adtain\u00adties invol\u00adving the orde\u00adring and ship\u00adment of AMD<\/span>\u2019s pro\u00adducts could mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affect AMD<\/span>; AMD<\/span>\u2019s reli\u00adance on third-par\u00adty dis\u00adtri\u00adbu\u00adtors and AIB<\/span> part\u00adners sub\u00adjects AMD<\/span> to cer\u00adtain risks; AMD<\/span>\u2019s ina\u00adbi\u00adli\u00adty to con\u00adti\u00adnue to attract and retain qua\u00adli\u00adfied per\u00adson\u00adnel may hin\u00adder its pro\u00adduct deve\u00adlo\u00adp\u00adment pro\u00adgrams; in the event of a chan\u00adge of con\u00adtrol, AMD<\/span> may not be able to repurcha\u00adse all of the out\u00adstan\u00adding debt as requi\u00adred by the appli\u00adca\u00adble inden\u00adtures and its Secu\u00adred Revol\u00adving Line of Cre\u00addit, which would result in a default under the inden\u00adtures and its Secu\u00adred Revol\u00adving Line of Cre\u00addit; and the semi\u00adcon\u00adduc\u00adtor indus\u00adtry is high\u00adly cycli\u00adcal and has expe\u00adri\u00aden\u00adced seve\u00adre down\u00adturns that have mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted, and may con\u00adti\u00adnue to mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affect, AMD<\/span>\u2019s busi\u00adness in the future. Inves\u00adtors are urged to review in detail the risks and uncer\u00adtain\u00adties in AMD<\/span>\u2019s Secu\u00adri\u00adties and Exch\u00adan\u00adge Com\u00admis\u00adsi\u00adon filings, inclu\u00adding but not limi\u00adt\u00aded to AMD<\/span>\u2019s Quar\u00adter\u00adly Report on Form 10\u2011Q for the quar\u00adter ended March 28, 2015.<\/span><\/p>\n

Source: Advan\u00adced Micro Devices<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

SUNNYVALE<\/span>, CA<\/span> \u2014 (Mar\u00adket\u00adwired) \u2014 07\/06\/15 \u2014 AMD<\/span> (NASDAQ<\/span>: AMD<\/span>) today announ\u00adced that reve\u00adnue for the second quar\u00adter ended June 27, 2015 is expec\u00adted to be lower than pre\u00advious\u00adly gui\u00added. The com\u00adpa\u00adny now expects second quar\u00adter reve\u00adnue to decrease appro\u00adxi\u00adm\u00adate\u00adly 8 per\u00adcent sequen\u00adti\u00adal\u00adly, com\u00adpared to the pre\u00advious gui\u00addance of down 3 per\u00adcent, plus or minus 3 per\u00adcent. The sequen\u00adti\u00adal decrease is pri\u00adma\u00adri\u00adly due to wea\u00adk\u00ader than expec\u00adted con\u00adsu\u00admer PC<\/span> demand impac\u00adting the company\u2019s Ori\u00adgi\u00adnal Equip\u00adment Manu\u00adfac\u00adtu\u00adrer (OEM<\/span>) APU<\/span> sales. The com\u00adpa\u00adny expects second quar\u00adter chan\u00adnel sales and chan\u00adnel inven\u00adto\u00adry reduc\u00adtion efforts to be in-line with the company\u2019s plans. (\u2026) Wei\u00adter\u00adle\u00adsen \u00bb<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-18044","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/18044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=18044"}],"version-history":[{"count":1,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/18044\/revisions"}],"predecessor-version":[{"id":18045,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/18044\/revisions\/18045"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=18044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=18044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=18044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}