Featured Articles

Nvidia Shield 2 shows up in AnTuTu

Nvidia Shield 2 shows up in AnTuTu

Nvidia’s original Shield console launched last summer to mixed reviews. It went on sale in the US and so far Nvidia…

More...
AMD CSO John Byrne talks ARM

AMD CSO John Byrne talks ARM

We had a chance to talk about AMD’s upcoming products with John Byrne, Chief Sales Officer, AMD. We covered a number…

More...
AMD Chief Sales Officer thinks GPU leadership is critical

AMD Chief Sales Officer thinks GPU leadership is critical

We had a chance to talk to John Byrne who spent the last two years as Senior Vice President and Chief…

More...
OpenPlus One $299 5.5-inch Full HD phone

OpenPlus One $299 5.5-inch Full HD phone

OnePlus is one of the few small companies that might disrupt the Android phone market, dominated by giant outfits like Samsung.…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 10 May 2013 10:35

Nvidia suffers low revenue

Written by Nick Farrell



But better than expected  

Nvidia confused the cocaine nose-jobs of Wall Street by posted first-quarter earnings and revenue above expectations.

According to VentureBeat the Santa Clara, California, chipmaker reported first-quarter revenue rose to $954.7 million which was slightly down from $924.9 million in the year-ago quarter. However it was not all rosy. The company said that its revenue in the current quarter would be $975 million, plus or minus 2 percent analysts had predicted revenues of $941 million for the quarter ended in April and $1.0 billion for the quarter ending in July.

Nvidia’s first-quarter net income was $77.9 million compared to $60.4 million at the same time last year. Nvidia had a record GAAP gross margin of 54.3 percent and non-GAAP gross margin of 54.6 percent in the quarter. It said current-quarter gross margins would be about the same.

Analysts say that gross margins are moving up thanks to Nvidia’s higher exposure to workstations and server markets. These make the company a lot more cash than a PC graphics card.

Nick Farrell

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

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments