Feeds

Nvidia reports Q2 income jump

Despite sequential sales dip

Top 5 reasons to deploy VMware with Tegile

Nvidia's earnings bloomed during its second fiscal quarter, despite a slight dip in sales, the graphics chip maker revealed yesterday.

For the three months to 31 July 2005, Nvidia realised revenues of $574.8m, up 26 per cent on the year ago quarter's $456.1m, but down 1.5 per cent on the previous quarter.

Q2 FY2006 net income jumped 16.1 per cent sequentially and almost fifteenfold year on year to $74.8m (41 cents a share). That's the highest quarterly net income Nvidia has posted since the $83.2m (47 cents a share) it posted in Q1 FY2003 (calendar 2002).

The company recorded "strong" year-on-year revenue growth for its Quadro workstation graphics chips, and its nForce system logic products - sales were up 40 and 128 per cent, respectively, Nvidia said. It also claimed good growth for desktop GPU sales, but did not provide a figure.

The company also launched its GeForce 7800 GT chip yesterday, the follow-up to the higher-end 7800 GTX launched in June. This month has also seen the release of two new Quadro chips, the FX 4500 and FX 3450, both bringing SLi support to the workstation segment.

For the first six months of fiscal 2006, Nvidia reported a net income of $139.3m (77 cents a share) on sales of $1.16bn, both up 425.7 and 25 per cent, respectively, over H1 FY2005.

Arch-rival ATI's most recently completed quarter, the third of fiscal 2005, running to 31 May 2005, saw the company report a net loss of $400,000 on sales of $530m. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

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.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.