AMD -7.4% as in-line Q1 fails to wow investorsAMD is 7.4% lower postmarket after merely tagging up with Street consensus with its Q1 revenues and profit, though it's guiding for sequential improvement in sales.
Net operating loss declined to $29M from a year-ago loss of $68M; net loss overall narrowed to $73M from a year-ago loss of $109M. On a non-GAAP basis, operating loss fell to $6M from $55M, and net loss to $38M from $96M.
