Feeds

ATI Q1 2000 profits, revenues up on rising Rage sales

DRAM price raises hit costs, though

  • alert
  • submit to reddit

Bridging the IT gap between rising business demands and ageing tools

An increase in the demand for ATI's Rage 128 and Rage Mobility chips boosted the 3D graphics specialist's first quarter 2000 earnings by 15.3 per cent, despite product line rejigs and increased costs. Driving that profit gain was 26 per cent sales growth, reaching $413.5 million from the $327.4 million the company --the world's largest 3D chip business - posted for the same period last year. After exceptional items, ATI posted a profit of $53.6 million for the three months ending 30 November 1999 - so it doesn't include the vital pre-Christmas buying period, traditionally a time of strong sales for the games hardware industry. For the same period last year, profits totalled $50.1 million. However, gross margins fell year-on-year, from 36.6 per cent to 34.1 per cent, primarily due to increased material costs. Clearly the last nine months' hike in the price of video memory has played a key part here. ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.