Author: Maclintosh Kuhlengisa
123jump.com
Last Update: 3:01 PM EDT October 23 2007
The provider of innovative processing solutions in the computing, graphics and consumer electronics markets recorded a net loss of $396 million or 71 cents a share from a profit of $136 million or 27 cents a share in the prior year as a result of charges related to the ATI acquisition. The firm reduced operating expenses while establishing records in microprocessor and notebook unit shipments and introduced new products and drove increased efficiencies despite increases in headcount.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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