Thus, in the last reporting quarter, the company generated $5.6 billion in revenue, 16% higher than the same period of the previous year. At the same time, AMD reported an operating loss of $149 million, which looks sad compared to a profit of $1.2 billion in the same quarter of 2021.
It’s also worth noting that the company’s fourth-quarter net profit was $21 million, well below $1 billion a year ago.
True, against the background of Intel’s results, all this looks like a success. The truth is that the Blues closed fiscal 2022 with a huge drop in revenue and profits. The last quarter was unprofitable for the company.
Source: Ferra
