Feeds

nVidia revenues, profits way up

Watch out, 3Dfx

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

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. ®

Remote control for virtualized desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
UK.gov pushes for SWIFT ACTION against nuisance calls, threatens £500k fines
DCMS seeks lowering of legal threshold to fight rogue firms
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
ISPs handbagged: BLOCK knock-off sites, rules beak
Historic trademark victory, but sunset clause applies to future blocks
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
How to simplify SSL certificate management
Simple steps to take control of SSL certificates across the enterprise, and recommendations centralizing certificate management throughout their lifecycle.