nvidia q3 2010 financial result

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NVIDIA Q3 2010 financial result

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NVIDIA Q3 2010 financial result

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POSTER: computer news || NVIDIA Q3 2010 FINANCIAL RESULT

DATE:2010-11-12

Yesterday NVIDIA company reported about the results of the third quarter 2011 financial years, which in its calendar was completed on 31 October, 2010.

According to founder and NVIDIA company President, in the third quarter it was possible to break in two the tendency, which led to the depressing of financial results in the second quarter. NVIDIA Gain in the third quarter composed $843,9 ml - this 4% more than the gain in the second quarter. It is much more important that the profit rate grew in this section from 16,6% to 46,5%, but clean losses $141 ml was replaced by clean profit $84,9 ml.

In any event, the third quarter brought NVIDIA a improvement in the financial results. This was caused by reduction in memory prices and certain strengthening of Euros, which blew up the business of company in the second quarter. About 69% of NVIDIA gain obtained from sale of graphic processors, in the third quarter this index grew by 5,7%. In the third quarter a good NVIDIA gain ensured GeForce GTS 450 and GeForce GT 430, the company was also possible to increase its market share.

Approximately fourth of NVIDIA incomes are obtained from the realization of professional solutions quadro and Tesla. In this segment the gain was reduced by 2,3%. The release of tegra processors ensures NVIDIA only 6,2% of gain, but in the third quarter it demonstrated a increase in the indices to 13,6%. It is expected that in the fourth quarter this segment will grow . NVIDIA expects that the gain in the fourth quarter 2011 financial years, which will be completed at the end January of 2011, will grow by 35% in comparison with the indices of the third quarter.

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