| ||Thread Tools|
|13th August 2010, 15:36||#1|
Join Date: May 2002
Nvidia posts $141 million loss
Nvidia posted a $141 million loss in its second fiscal quarter, which ended August 1. Losses have widened since the same period last year, when the outfit was $105 million in the red.
Nvidia was forced to cough up $193 million for faulty mobile chips shipped in 2008. Had it not, it would have been profitable, but just barely. The company was also forced to take a significant inventory writedown due to poor demand.
On the upside, revenues jumped 4.5 percent to $811 million, although revenues still failed to meet analysts’ expectations. Nvidia is somewhat more optimistic about the upcoming third quarter and it expects revenues of between $836 and $852 million.
|Thread||Thread Starter||Forum||Replies||Last Post|
|AMD Posts Q3 Loss Smaller than Analysts Expected||jmke||WebNews||0||16th October 2009 14:31|
|Driverheaven Nvidia Mobility Modder Released V22.214.171.124||jmke||WebNews||0||6th August 2009 13:12|
|Nvidia posts second consecutive quarterly loss||jmke||WebNews||0||8th May 2009 15:25|
|Seagate Technology Reports $496 Million Net Loss||jmke||WebNews||0||23rd January 2009 14:40|
|Nvidia spent 4 to 5 million on Crysis marketing||jmke||WebNews||0||14th February 2008 14:09|
|AMD Reports a net loss of $600 million USD for Q2/2007||jmke||WebNews||3||20th July 2007 21:09|
|Two Million Multi-GPU Platforms Sold – NVIDIA||jmke||WebNews||1||19th September 2005 18:06|
|Nvidia ships 100 million desktop chips a year||Sidney||WebNews||0||25th May 2005 03:08|
|ATI reports revenues of $463 million for the second quarter||jmke||WebNews||0||31st March 2004 14:33|