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-   -   Nvidia fourth quarter results - Revenue down 60% (https://www.madshrimps.be/vbulletin/f22/nvidia-fourth-quarter-results-revenue-down-60-a-61324/)

jmke 11th February 2009 20:30

Nvidia fourth quarter results - Revenue down 60%
 
Graphics chipmaker Nvidia Corp (NVDA.O) posted a wider-than-expected quarterly loss on Tuesday, as revenue plunged 60 percent on weak demand from PC makers, sending its shares down 7 percent.

Nvidia posted a net loss of $147.6 million, or 27 cents a share, for its fiscal fourth quarter ended January 25, compared with a net profit of $257 million, or 42 cents a share, in the year-ago period.

The company's gross profit margin was 29.4 percent of revenue in the fourth quarter, compared with 41 percent in the third quarter.

http://uk.reuters.com/article/compan...5197JJ20090210

Kougar 11th February 2009 21:03

Odd, TechReport said it was a ~30million net loss.

Either way they would have made a 50 million or more net profit if they did not have to take that 200 million defective GPU charge.

jmke 11th February 2009 21:05

Quote:

Originally Posted by Kougar (Post 230960)
Either way they would have made a 50 million or more net profit if they did not have to take that 200 million defective GPU charge.

that's for sure!


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