Well, at least one tech company is doing well lately. After posting record earnings for its third fiscal quarter, Nvidia has announced another round of record-breaking results, both for its fourth fiscal quarter and for its past fiscal year, which ended on January 27.
Here are the quarterly figures...
|Q4 FY'12||Q3 FY'13||Q4 FY'13|
|Revenue||$953.2 million||$1,204.1 million||$1,106.9 million|
|Net income||$116.0 million||$209.1 million||$174.0 million|
...and the yearly ones:
|Revenue||$3,997.9 million||$4,280.2 million|
|Net income||$581.1 million||$562.5 million|
Nvidia's fourth-quarter results are substantially better than those from a year ago. The company's yearly revenue has gone up, too, although net income is a little less than it used to be.
Or, if you prefer commentary from Nvidia's permanently upbeat CEO, Jen-Hsun Huang: "This year we did the best work in our company's history. . . . We achieved record revenues, margins and cash, despite significant market headwinds."
A slump may be on the horizon, though. Nvidia says it expects revenue of $940 million, give or take a couple percent, for the ongoing quarter. According to Reuters, that figure is well below analyst estimates of $1.067 billion. $940 million is however higher than the $924.9 million Nvidia posted for the same quarter last year.
|1. Ryszard - $503||2. punkUser - $502||3. the - $306|
|4. SomeOtherGeek - $300||5. Ryu Connor - $250||6. doubtful500 - $200|
|7. Anonymous Gerbil - $150||8. danny e. - $125||9. SecretSquirrel - $125|
|10. Techonomics - $100|
|Friday night topic: quadcopters!||20|
|The TR Podcast video 173: Torquing the Titan||1|
|Report: AMD R&D spending falls to near-10-year low||79|
|Deal of the week: Ultra-wide IPS for $750, 16GB DDR4-2666 for $190, plus more||47|
|Broadwell Xeon D lands on Mini-ITX boards||34|
|Half-Life 2: Update mod adds modern polish to old classic||58|
|The TR Podcast is live, so come ask us stuff!||1|
|AMD shows off DirectX 12 performance with new 3DMark benchmark||85|