Feeds

Nvidia trumpets record quarter

Big sales, income gains

Intelligent flash storage arrays

Nvidia last night posted record sales and net income for the fourth quarter of its 2006 fiscal year. During the three months to January 29, the company earned $98.1m (53 cents a share) on sales of $633.6m.

That amounts to a revenue increase of 11.9 per cent year on year and 8.6 per cent sequentially, from $566.5m and $583.4m, respectively. Net income rose 104.4 per cent over Q4 FY2005's $48m total and 50.2 per cent up on the $65.3m income Nvidia reported in Q3 FY2005.

Q4 FY2006's gross margin reached 40.2 per cent, up 1.1 percentage points on the previous quarter and six percentage points on the year-ago quarter.

For the full year, Nvidia recorded revenues of $2.38bn, up 18.4 per cent from FY2005's $2.01bn. Net income totalled $302.6m ($1.65 per share), up 201.2 per cent on the $100.4m (57 cents a share) Nvidia reported for FY2005. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
All aboard the Poo Bus! Ding ding, route Number Two departing
Only another three days of pooing and I can have a ride!
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
Nexus 7 fandroids tell of salty taste after sucking on Google's Lollipop
Web giant looking into why version 5.0 of Android is crippling older slabs
Dragon Age Inquisition: Our chief weapons are...
Bioware's fantasy forces in fine fettle
prev story

Whitepapers

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.
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.
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?
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.