ATI sees Q4 revenue below forecast
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Graphics chip-maker ATI Technologies   Inc ATYT.OQ said on Wednesday that fourth quarter revenue is   expected to be about $520 million, below the low end of the   revenue outlook it provided in late June.
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Still carrying the weight of costs related to last year&#39;s&#160;acquisition of graphics vendor ATI, AMD recorded its fourth straight quarter of net losses Thursday.The company reported a net loss of $396 million, or $0.71 per share, for the third quarter, compared to net income of $136 million for the year-earlier quarter. Analysts polled by Thomson Financial had estimated a loss of $0.62 per share. The loss included a $120 million charge related to its acquisition of ATI last year.AMD recorded third-quarter revenue of $1.632 billion for the quarter ending Sept. 29, an 18 percent year-over-year increase.The company sold a record number of microprocessors during the quarter, AMD said in a news release. Microprocessor unit shipments increased 19 percent year-over-year and mobile processor shipments increased 68 percent, AMD said.After months of delays,&#160;AMD finally released its latest quad-core Barcelona processor in September.&#160;AMD is locked in a quad-core chip battle with Intel, which shipped more than 2 million quad-core processors during the quarter, Intel said in its earnings call on Tuesday.AMD has already lost ground in the market for server chips to Intel in recent quarters. AMD&#39;s quad-core Opteron processor, also called Barcelona, opened up a revenue stream for company during the quarter, the company said.
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Ericsson , the world's largest supplier of equipment for mobile phone networks, reported fourth-quarter pre-tax earnings below expectations on Friday and reduced its 2007 market growth forecast.
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SEMICONDUCTOR maker Advanced Micro Devices has warned its quarterly revenue will be lower than forecast, citing softness in sales of its memory chips used in cell phones and other devices.
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By From news reports  Advanced Micro Devices warned Monday that it was unlikely to meet its first-quarter revenue target of $1.6 billion to $1.7 billion, the latest in a series of disappointments for the struggling chip maker.
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By JORDAN ROBERTSON  SAN FRANCISCO - Advanced Micro Devices Inc. warned Monday that it was unlikely to meet its first-quarter revenue guidance of $1.6 billion to $1.7 billion, the latest in a series of disappointments for investors in the struggling chip-maker.
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September quarter was a good one, but software maker's revenue forecast for current period falls short of analysts' expectations.
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After hurricanes Charley and Frances, and with Hurricane Ivan&#39;s arrival, American Financial Group says its 2004 profits will come in at the low end of its forecasts.
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When Yahoo posts fourth-quarter results after closing bell tomorrow, the company is expected to deliver a couple of disappointing announcements, including job cuts and a less profitable agreement with AT&T.
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Agere Systems Inc. AGRa.N on Tuesday  posted a fiscal fourth-quarter loss as the communications chip  maker's revenue declined and it took hefty charges for  restructuring.
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Norwood, Mass.-based Analog Devices Inc. (ADI) today revised the revenue outlook for its fiscal Q4 ending October 30, down 10 percent to 12 percent sequentially to between $630 million and $640 million.
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Shares of Altiris Inc. (ATRS) fell 7 percent before the opening bell on Tuesday a day after it posted disappointing earnings. On the INET electronic brokerage system, its shares were down
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Texas Instruments Inc. , the world's largest maker of chips for cell phones, on Tuesday said it expects fourth-quarter revenue and earnings per share at the mid range of its previous estimates, as order trends remain soft and an inventory correction continues.
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Struggling chip-maker Advanced Micro Devices Inc. warned Monday it is "unlikely to meet" its revenue guidance for the first quarter.
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Performance Food Group Co. said Monday that earnings for the third and fourth quarters will fall below its previous estimates, in part due to the effects of the hurricanes that hit the Southeast.
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Investors reacted to a disappointing fourth-quarter earnings report that raised worries about the software makerâs ability to cope with tougher competition and a slowing U.S. economy.
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Texas Instruments Inc. , the world's largest maker of chips for cell phones, on Tuesday said it expects fourth-quarter revenue and earnings per share at the mid range of its previous estimates, as order trends remain soft.