I don’t want to be a donkey, but how did AMD top estimates?
AMD 7.58, +0.02, +0.3%) reported a fourth-quarter net loss of $1.772 billion, or $3.06 per share, compared with a loss of $576 million, or $1.08 per share, for the same period last year.
Revenue for the period remained relatively flat at $1.77 billion — shy of the $1.79 billion expected by analysts, according to estimates from Thomson Financial.
It’s dropped from a high of $41 in early 2006 to $7.58 and took a 1.7 billion write off on its ATI acquisition.