Feeds

Nvidia Q1 revenues continue upwards

Earnings would have too but for 3dfx purchase

  • alert
  • submit to reddit

Intelligent flash storage arrays

Nvidia seems to have handsomely beaten the chip industry's downturn: last night it announced much-increased revenues and earnings for its first quarter, which ended 29 April.

So, revenues were up 62.2 per cent year-on-year and 10.4 per cent up on the previous quarter. Nvidia reported Q1 2002 sales of $240.9 million - it posted revenues of $218.2 million last quarter and $148.5 million Q1 2001.

Earnings hit $25.9 million, up over 41.5 per cent on the $18.3 million profit it declared for the same period last year. That said, the figure was down on the previous quarter, largely thanks to the company's acquisition of erstwhile arch-rival 3dfx's technology and brand assets. Take out the impact of the acquisition, and Nvidia's earnings rise to $33 million - only a little better than last quarter's $31.1 million.

With Nvidia widening its customer base in the PC OEM market, and its push into new territory, including workstation graphics, the Mac market, the chipset business, it's hard to see it being deflected from its course of rising revenues and, by and large, earnings. ATI may rule the retail market - according to the latest set of figures from US retail watcher NPD Intelect - but that hasn't helped ATI get back into the black. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.