Feeds

ATI posts modest growth for Q4 1999

Sales up, profits up but Wall Street unfazed

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

ATI recorded a modest rise in profits and revenues for its fourth fiscal quarter, reported yesterday. Already the world's largest graphics chip company, with a good but hardly glowing product line, you can't expect ATI to show the kind of financial leaps and bounds made by young pretenders like Nvidia, and, indeed, Wall Street made no such expectations: analysts got ATI's results pretty much on the button. So, ATI posted a profit for the quarter of $32.2 million, which was then knocked down to $16.8 million thanks to the latest anticipated charge relating to its acquisition of media processor developer Chromatic Research, made last year. The latest figures mark a increase of ten per cent on the $29.4 million profit ATI recorded for the same period last year. Revenues for Q4 1999 totalled $304.7 million, up 49 per cent from last year's $204.7 million. For the full fiscal year, revenues rose 67 per cent from 1998's $737.3 million to $1.23 billion. After charges, ATI made $159.3 million, an increase of 48 per cent on the previous year's profit of $107.3 million. ® Related Stories Real3D dead -- Intel buys bones GigaPixel takes on 3dfx, S3, Nvidia with... tiles

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.