Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

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

 

Facebook activity

Latest Commented Articles

Recent Comments