01.18.2006 - AMD Reports Fourth Quarter And Annual Results

AMD (NYSE: AMD) today reported earnings for the quarter ended December 25, 2005. As a result of Spansion Inc.’s initial public offering (IPO), AMD’s financial results of operations include Spansion’s financial results of operations as a consolidated subsidiary only through December 20, 2005. Because comparison of fourth quarter consolidated financial results to previous periods do not correlate directly, AMD has provided non-GAAP financial statements that exclude Spansion and the Memory Segment results of operations. Management believes this non-GAAP presentation will aid investors by presenting the company’s current and historical results in a form that will be more consistent with the presentation of future operating results. - View Press Release - Visit AMD (Advanced Micro Devices, Inc.)