AMD's Reports A Lukewarm Q3'15 Earnings, But Things Could Turnaround In 2016

While revenue beat Wall Street estimates, the company's non-GAAP diluted earnings per share of negative $0.17 came in below analyst expectations. Though AMD's Q3 2015 revenue (at $1.06 billion) was down 26% year-on-year, as it has lost significant market share to Intel and Nvidia over the past year. Still, the company did see a sequential improvement in all its business segments and revenues were up 13% sequentially. However, the ongoing restructuring initiative to align its cost structure and a...