AMD has released its quarterly earnings for Q4 2015, posting overall revenues of $958 million, down 10 percent from Q3 and 23 percent from a year ago. The vendor posted an operating loss of $49 million, and a net loss of $102 million. Operating loss for the entire year was at $480 million, with net loss at $600 million.
Revenues from the Computing and Graphics division totaled $470 million for the quarter, up 11 percent from Q3 but down 29 percent from Q4 2014. Overall operating loss for the division was at $99 million.
VR is an area that AMD is focusing on, and the increased interest in the graphic-intensive medium is likely to drive sales of GPUs over the next twelve months. Radeon chief Raja Koduri revealed as much in a recent interview, stating that the vendor’s upcoming 14nm cards — based on the Polaris architecture — will create photorealism in VR.