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AMD's third-quarter results better than expected
The company has reported lighter sales than expected due to low customer demand, but has succeeded in beating low analyst expectations
![larry-dignan-eic.jpg](https://www.zdnet.com/a/img/resize/ad5eaccb545ef683588243a9891d5f678df042df/2017/04/26/eb462fe7-e39e-43ba-abbd-c4ca2442306e/larry-dignan-eic.jpg?auto=webp&fit=crop&frame=1&height=192&width=192)
AMD on Thursday delivered better-than-expected earnings and revenue for the third quarter of 2010 as its results topped estimates.
The chipmaker had warned that its third-quarter sales would be lighter than projected because of tepid consumer demand. As with Intel's results on Wednesday, however, AMD's quarter was not as bad as feared.
AMD reported a third-quarter net loss of $118m (£73.6m), or 17 cents a share, on revenue of $1.62bn, down 2 percent from the second quarter and up 16 percent from a year ago. Non-GAAP earnings were 15 cents a share. Wall Street was expecting a profit of 6 cents a share on revenue of $1.61 billion.
For more on this ZDNet UK-selected story, see AMD's third quarter better than expected on ZDNet.com.