U.S. chip maker Advanced Micro Devices Inc
The No. 2 microprocessor company behind industry leader Intel Corp
Adjusted for certain items, it reported a loss of 62 cents per share. Analysts, on average, had forecast a loss of 63 cents per share, according to Reuters Estimates.
AMD, which recently split its operations into chip design and manufacturing arms, reported revenue of $1.18 billion, a 21 percent drop from a year ago, but ahead of analysts' average estimate of $983.8 million.
AMD estimated weaker second-quarter revenue from its core microprocessor business, excluding its new manufacturing unit, citing macroeconomic conditions, limited visibility and historical seasonal patterns.
AMD's shares fell 4.5 percent to $3.15 in after-hours trading from a close at $3.36 on the New York Stock Exchange.
(Reporting by Bill Rigby; Editing by Richard Chang)