Feeds

ATI sales dip during 'challenging' quarter

But stay way above last year's numbers

Internet Security Threat Report 2014

ATI saw its sales dip during the third-quarter despite a big year-on-year gain, the graphics chip company said yesterday. Sales for the three months to 31 May 2006 reached $652.3m and yielded a net income of $31.9m.

Those figures represent sequential declines of 2.9 per cent and 6.5 per cent, respectively. Sales were up 23 per cent year on year. In Q3 FY2005, ATI reported a net income of $400,000 - so far below Q3 FY2006's figure as to make a percentage comparison meaningless.

ATI's PC- and consumer-oriented products accounted for 77 per cent and 23 per cent, respectively, of the company's sales during the quarter. The firm said it shipped more units during the three-month period than ever before, and saw its gross margin rise to 30.1 per cent - the highest it's been for five quarters, but some way off Q3 FY2003's 39 per cent.

ATI forecast Q4 sales of $620-660m, with gross margin rising to between 31 per cent and 31.5 per cent. Operating expenses, excluding stock option expense, amortization of intangible assets and other charges, are expected to be between $155m and $160m, it added. ®

Intelligent flash storage arrays

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.