Feeds

ATI reports record quarter

But income down year on year

Secure remote control for conventional and virtual desktops

ATI last night reported its highest quarterly sales yet. During the three months to 28 February 2006 - ATI's second quarter of fiscal 2006 - the graphics chip company realised revenues of $672m, up 13.7 per cent on the previous quarter and 10.5 per cent on Q2 FY2005's total.

It wasn't all good news, though. While the quarter's net income under Canadian GAAP rules - $34.1m (13 cents a share) - was up 159.2 per cent sequentially it was down 40.4 per cent on the $57.2m it earned in Q2 FY2005.

Gross margins were down to 28.2 per cent in the quarter, from 28.7 per cent in Q1 FY2006 and 34.2 per cent in Q2 FY2005.

PC-oriented sales accounted for 80 per cent of the quarter's revenues - the rest came from consumer applications, such as digital TV chips. PC revenues were down two per cent year on year thanks to lower demand for discrete desktop GPUs. Sales of notebook GPUs were down year on year too.

Consumers sales, by contrast, were up 127 per cent year on year, with handheld-product sales up 250 per cent and digital TV chips up 75 per cent, ATI said.

ATI said it expects Q3 FY2006 to yield sales of $640-680m - both well up on the $530m it posted for Q3 FY2005 - with gross margins rising to 30 per cent. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
TEEN RAMPAGE: Kids in iPhone 6 'Will it bend' YouTube 'prank'
iPhones bent in Norwich? As if the place wasn't weird enough
George Clooney, WikiLeaks' lawyer wife hand out burner phones to wedding guests
Day 4: 'News'-papers STILL rammed with Clooney nuptials
iPAD-FONDLING fanboi sparks SECURITY ALERT at Sydney airport
Breaches screening rules cos Apple SCREEN ROOLZ, ok?
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
The British Museum plonks digital bricks on world of Minecraft
Institution confirms it's cool with joining the blocky universe
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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.