Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 08 November 2013 08:42

Nvidia beats the street, again

Written by Fudzilla staff



Flat outlook

Nvidia managed to beat Wall Street estimates for the fifth quarter running. Revenue was in line with expectations, $1.054 billion, 7.9 percent higher than in Q2, but also 12.5 percent lower year-on-year.

GAAP net income was $118.7 million, or $0.20 per diluted share, while non-GAAP net income was $153.8 million, or $0.26 per diluted share, slightly higher than expected and higher than in Q2. The gross margin was 55.7 percent.

Here are a few interesting numbers – sales of Tegra chips fell 54 percent year-on-year, to just over a hundred million dollars, while PC GPU sales were down 2 percent. Nvidia expects the Tegra business to remain flat this year, which is hardly surprising.

The fourth quarter of fiscal 2014 should bring more of the same. Nvidia is expecting $1.05 bilion revenue, plus or minus two percent. Margins will be slightly lower, 54.2 to 54.5 percent.

Also read:

Analysts downbeat on all things Nvidia

Last modified on Friday, 08 November 2013 09:23

Fudzilla staff

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments