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AMD annual-1998
This document provides financial highlights for a company over a five year period from 1994-1998. It shows that while revenue grew steadily, peaking in 1998 at $2.54 billion, the company experienced significant net losses each year from 1996-1998, with a net loss of $104 million in 1998. Research and development spending increased each year but the company struggled with losses in non-microprocessor divisions that offset gains in their computation products group. The company achieved record revenue in 1998 but still had significant losses due to high investment in R&D and new production facilities needed to execute their long term strategy.
