Original URL: http://www.theregister.co.uk/1999/11/25/nvidia_q3_revenues_set_record/

Nvidia Q3 revenues set record – again

Company's sales hard on the heels of 3dfx

By Tony Smith

Posted in Business, 25th November 1999 16:37 GMT

Nvidia's run of record-breaking quarters continues, this time through its third three-month period of the 2000 fiscal year racking up revenues of $97 million and profits of $10.6 million. That compares to revenues and profit for the same period last year of $52.3 million and $7.1 million -- amounting to growth of 86 per cent and 49 per cent, respectively. That puts Nvidia not too far behind its arch-rival, 3dfx, which earlier this month posted Q3 revenues of $105.8 million -- and that's with all the board sales made through the STB acquisition taken into account. Nvidia, which only produces chips, clearly is probably justified in feeling more than a little smug about all this. Last quarter, the 3D graphics company recorded revenues of $78 million (representing a year-on-year increase of 543 per cent) and income of $6.7 million. For the nine months to 31 October, the last day of Q3, revenue increased 165 per cent to $246.1 million. Income hit $23.5 million, compared to a loss of $3.5 million for the same period last year. ® Related Stories Acer Labs to build GeForce 256 killer into North Bridge Nvidia drives into pro 3D market with Quadro Nvidia goes bi-annual barmy Nvidia unveils '256-CPU Cray' GeForce 3D chip Nvidia Q2 revenue rockets up 543 per cent