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 |
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. |
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