AMD reported its fourth quarter and annual 2014 financial results on January 20, 2015. Some key highlights include:
- Revenue for Q4 2014 was $1.239 billion, a 13% decrease from Q3 2014.
- Non-GAAP operating expenses were reduced to $382 million in Q4 2014, down 17% year-over-year.
- AMD reported a non-GAAP net income of $2 million for Q4 2014, compared to $20 million in Q3 2014.
- For the full year 2014, AMD derived approximately 40% of its revenue from high-growth markets, up from 30% in 2013.