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NVIDIA Reports Operating Results for Q3 FY 2006 NVIDIA Reports Operating Results for Q3 FY 2006
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NVIDIA Reports Operating Results for Q3 FY 2006
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Old 10th November 2005, 15:58   #1
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Default NVIDIA Reports Operating Results for Q3 FY 2006

For the third quarter of fiscal 2006, revenue was $583.4 million, compared to $515.6 million for the third quarter of fiscal 2005, an increase of 13 percent. Operating income for the third quarter of fiscal 2006 experienced 149 percent year-over-year growth to $71.5 million (including a non-recurring charge of $14.2 million for the anticipated settlement of various litigation matters), compared to operating income of $28.8 million for the third quarter of fiscal 2005. Net income for the third quarter of fiscal 2006 was $65.3 million, or $0.36 per diluted share (including a $0.06 per share charge for the anticipated litigation settlements), compared to net income of $25.9 million, or $0.15 per diluted share, for the third quarter of fiscal 2005, a net income increase of 152 percent.

Revenue for the nine months ended October 30, 2005 was a record $1.74 billion, compared to revenue of $1.44 billion for the nine months ended October 24, 2004. Net income for the nine months ended October 30, 2005 was $204.5 million, or $1.13 per diluted share (including a $0.06 per share charge for the anticipated litigation settlements), compared to net income of $52.3 million, or $0.30 per diluted share, for the nine months ended October 24, 2004, a net income increase of 291 percent.

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