Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 12 November 2010 12:18

Nvidia posts Q3 results

Written by


Revenue up, but still not at 2009 levels
Nvidia reported a revenue of $843.9 million for the third quarter of fiscal 2011. A seasonal pick up in sales saw revenues jump by 4 percent over Q3, but the figures are still 6.6 percent lower compared to the same quarter last year.

However, the company posted a GAAP net income of $84.9 million, a good improvement over the $141 million loss posted in the previous quarter. Gross margins also increased to 46.5 percent from 16.6 percent sequentially.

Nvidia struggled maintain its market share throughout the first half of 2010, due to a lack of competitive products, but the introduction of successful designs such as the GF104 seems to have had a positive effect.

"We have turned the corner... We have restored our speed of execution and are regaining share in desktops," Jen-Hsun Huang, NVIDIA's president and chief executive officer. "The Fermi architecture is now in every segment of our desktop, notebook and workstation product lines. We've also made big strides this quarter in positioning ourselves at the center of cloud and mobile computing, which are transforming the computer landscape."

Nvidia's outlook is somewhat more positive than in recent quarters, but it's still far from impressive. The company expects to see a 3 to 5 percent revenue increase in the coming quarter and gross margin will stay flat.
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments