The world leader in visual computing technologies and the inventor of the GPU has reportedly disclosed the revenues generated by the company in the fourth quarter of fiscal year 2011. NVIDIA, the corporation owned by Santa Clara has managed to record the revenue of $886.4 million for the Q3.
The numbers have reportedly increased by 5% compared as compared to the Q3's result. However these figures have witnessed a down of about 10% over Q4 FY 2010, and a net income of $171.7 million.
Also the company’s revenue in the whole Fiscal Year 2011 were recorded to touch $3.54 billionth mark. The numbers have increased by $3.32bn in the previous year. The major profit bagging segment of the company is its emerging unit Tesla which is highly targeting.
It has been reported that for the ongoing quarter, Nvidia is predicting a rise in revenue of 6 to 8 percent and a gross margin is supposed to be 48.5 to 49.5 percent (48.1% in Q4). Also the Profits in FY 2011 were $ 253.1 million, as evaluated to a net loss of $68m in FY 2010.
No comments:
Post a Comment