However, AMD expects revenue to be down seasonally for the second quarter of 2010.
AMD reported non-GAAP net income of $63 million, or 9 cents a share, compared with a loss of $189 million, or 30 cents a share the year before. The company reported first quarter revenue of $1.57 billion, compared with $1.18 billion the previous year.
Analysts surveyed by
had expected a loss of 7 cents on revenue of $1.54 billion.
AMD says that it continues to strengthen its product offerings, pointing out that the company has launched its latest generation of server platforms, expanded its family of "DirectX 11"-compatible graphics offerings, and commenced shipments of its next-generation notebook platforms to customers.
AMD stock is up 1.4% at $10.30 in after-hour trading.
-- Reported by Andrea Tse in New York
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