NEW YORK (TheStreet) -- Shares of Advanced Micro Devices were falling 7.7% to $2.65 after-hours Thursday after the chipmaker missed analysts' estimates for earnings in the first quarter. AMD reported a loss of 9 a share for the first quarter, below analysts' estimates of a loss of 5 cents a share for the quarter. Revenue fell 26.4% year over year to $1.03 billion for the quarter, compared to analysts' estimates of $1.05 billion for the quarter. Revenue from the Computing and Graphics segment fell 20% compared to the fourth quarter and 38% from the year-ago quarter as a result of lower desktop and notebook CPU sales as well as lower GPU channel sales. 'Under the backdrop of a challenging PC environment, we are focused on improving our near-term financial results and delivering a stronger second half of the year based on completing our work to rebalance channel inventories and shipping strong new products," President and CEO Lisa Su said. TheStreet Ratings team rates ADVANCED MICRO DEVICES as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation: "We rate ADVANCED MICRO DEVICES (AMD) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally high debt management risk and generally disappointing historical performance in the stock itself." You can view the full analysis from the report here: AMD Ratings Report AMD data by YCharts Must Read: Warren Buffett's Top 25 Stocks for 2015
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