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Advanced Micro Devices, Inc. (NYSE:AMD)’s Q4 loss increased as the chip manufacturer sustained to struggle with sluggish demand for PCs.
For the Q4, AMD announced a loss of $473 million, or 63 cents per share, against a year-ago loss of $177 million, or 24 cents per share.
Is AMD a Solid Investment at These Levels? Read This Report For Details
The most recent quarter comprised a net restructuring cost of $90 million, although the year-ago quarter comprised a $209 million charge reflecting a write-down on AMD's interest in Globalfoundries and other one-time charges. Stripping out these and other objects, the per-share loss came in at 14 cents, as compared to a profit of 19 cents a year before. Analysts were anticipating a loss of 20 cents per share.
Revenue dropped 32% to $1.16 billion, in agreement with the firm's October forecast of almost $1.1 billion to $1.21 billion. Gross margin, a narrowly watched figure in the chip-making business, dropped severely from 45.7% to 15.4%.
Advanced Micro Devices, Inc. (NYSE:AMD) saw the correction of -0.41% and closed at $2.45 with the overall traded volume of 35.11 million shares. Stock price 52 weeks high was $8.35 and 52 weeks low price was $1.81. AMD has market cap of $1.74 billion and its beta value stands at 2.21 times. AMD has earnings per share of -$1.20 and its price to earnings ratio ended at 2.21 times.
Will AMD Get Buyers Even After The Recent Rally? Find Out Here
Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) declined -3.01% with the closing price of $16.10. The overall volume in the last trading session was 1.86 million shares. Its fifty two week range was $12.63-$23.20. The total market capitalization remained $754.71 million.
SPRD is ahead its 52 week low with 29.59% and its last month price volatility remained 3.12%. Its beta coefficient was 1.44 with a target price of $21.86. In its share capital SPRD has 45.90 million outstanding shares while 45.87 million shares have been floated in market. SPRD has insider ownership of 10.65% with its institutional ownership remained 66.87%. Company’s current year earnings per share grew with 93.51% while the five year EPS growth rate was +44.49%.
Why Should Investors Buy SPRD After the Recent Fall? Just Go Here and Find Out
STMicroelectronics N.V. (ADR) (NYSE:STM) reported the fall of -0.60% to close at $8.25 in the last trading session and its total traded volume was 1.17 million shares beating the average volume of 1.37 million. STM has market cap of $7.33 billion.
STM has earnings per share of -$0.47 with the net profit margin of -15.15% and operating margin of 13.67%. STM has positive year-to-date performance of 13.95% and is trading above its 50 day moving average of 23.13% and 200 day moving average of 42.23%.
Has STM Found The Bottom and Ready To Move Up? Find Out Here
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