Original URL: http://www.channelregister.co.uk/2005/05/13/nvidia_results_q1_06/
Nvidia posts record revenues
Highest profits for three years, too
Posted in IT Channel, 13th May 2005 10:21 GMT
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Nvidia last night posted a record quarterly revenue and the highest net income the company has seen in three years.
For the three months to 1 May 2005 - or Q1 FY2006 - Nvidia notched up $583.3m in sales, three per cent up on the previous quarter and 23.6 per cent up on Q1 FY2005.
Net income came to $64.4m (36 cents a share), Nvidia's highest quarterly profit since Q1 FY2003's $83.2m, reported back in May 2002. Q1 FY2006's total was 34.2 per cent up on the previous quarter and 202.4 per cent up on the year-ago quarter.
Nvidia's quarterly earnings and revenue figures both beat analyst expectations, based on Thomson Financial averages of 28 cents a share and $581.2m, respectively.
"We have solidly returned our company to growth," said Jen-Hsun Huang, Nvidia's president and CEO. ®
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Links
- http://www.theregister.co.uk/2005/05/12/nvidia_g70_computex/
- http://www.theregister.co.uk/2005/05/09/csfb_neutral-rating_to_ati_tech/
- http://www.theregister.co.uk/2005/05/06/ati_mvp_details/
- http://www.channelregister.co.uk/2005/04/28/graphics_chip_sales_q1_05/
- http://www.theregister.co.uk/2005/04/05/nvidia_nforce_intel/
- http://www.channelregister.co.uk/2005/03/24/results_ati_q2_fy2005/
- http://www.theregister.co.uk/2005/02/25/nvidia_geforce_go_6800_ultra/
- http://www.channelregister.co.uk/2005/02/18/nvidia_results_q4_fy2005/