Feeds

nVidia revenues, profits way up

Watch out, 3Dfx

  • alert
  • submit to reddit

High performance access to file storage

3D acceleration specialist -- and pretender to the 3Dfx crown -- nVidia has reported revenues of $65.5 million for its latest fourth quarter, ended 31 January 1999. The company made a profit of $7.7 million in the same period. For the same quarter last year, the company made $1.4 million on revenues of $23.5 million. That means nVidia increased its Q4 turnover by 178 per cent between 1997 and 1998. For the year as a whole, Nvidia posted a profit of 4.1 million, compared to a loss of $3.6 million for 1997. Revenue for the year was $158.2 million, up 444 per cent on last year's $29.1. The figures will no doubt come as welcome news to punters who opted to buy into nVidia following its January IPO (see nVidia IPO a success). In any case, they show the company is clearly selling kit and selling it well, despite the perception that 3Dfx completely rules the 3D acceleration roost. Still, nVidia has some way to go to meet 3Dfx, financially if not technologically. 3Dfx's fourth quarter 1998 revenues totaled $60.7 million, up 273 per cent on the $22.2 million recorded for the same period last year. However, the increase in revenue did not translate into equally expanded profitability -- for Q4 98, 3Dfx made $2.09 million; the Q4 97 figure was a barely-lower $2.07 million, but both figures are well ahead of nVidia's equivalents. ®

Top three mobile application threats

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.