Feeds

Nvidia Q2 sales, earnings up 50%

Figures don't just buck industry trend, they micturate all over it

  • alert
  • submit to reddit

5 things you didn’t know about cloud backup

Almost all of the world's semiconductor companies may be having a tough year, but Nvidia seems to be having a fine old time of it, if its Q2 figures are anything to go by.

Sales worth $260.3 million made during the three months to 29 July ensured a healthy $50.1 million pre-tax profit. Factor in tax and other expenses and one-off items, and Nvidia's actual income for the period comes to $33.6 million (39 cents a share).

That's an increase of a fraction over 49 per cent on Q2 2000's actual earnings of $22.5 million (28 cents a share). Revenues were up 53 per cent on the year-ago quarter's sales of $170.4 million.

Looking ahead, it's hard to see much of a change through the rest of 2001, despite Nvidia's desktop marketshare falling 13 per cent in calendar Q2, according to Mercury Research figures, and the cost of developing its nForce chipset, which isn't expected to sell in large quantities until next year.

Still, Nvidia's own prediction for the full year doesn't include whatever the company may make out of Xbox (delays notwithstanding), so good sales there will be a bonus.

In the meantime, Nvidia plans to split its stock on a two-for-one basis, the company said yesterday. ®

Related Stories

Nvidia lost 13% marketshare in Q2
Nvidia eyes mobile workstation market with Quadro 2 Go

5 things you didn’t know about cloud backup

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

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.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
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.
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?