NVIDIA financial result for Q3 2011

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POSTER: computer news   ||   NVIDIA FINANCIAL RESULT FOR Q3 2011	DATE:2011-11-11
NVIDIA company , which is one of the two largest producers of graphics processors,  published a financial report for the third quarter 2012 financial year.  The results exceeded analysts expectations, in high rates contributed the high demand for NVIDIA products in the desktop segment, and professional graphics Quadro. According to the report for the period that ended on  30, 2011 October, revenues were $ 1.07 billion, which is 4.9% more than in the previous quarter and 26.3% higher than the same period last year, when NVIDIA managed to gain $ 843.9 million.  Net income in accordance with generally accepted accounting principles (GAAP) is $ 178.3 million, or $ 0.29 per share, the profit rate reached 52.2%, which is the highest in the last five quarters. The business of producing graphics processors has increased by only 1% compared with the previous period, but the revenue of this division rose by 23%.  Positive results were achieved despite losses of $ 47.3 million related to the company's decision to close the unit for the production of chipsets.  Proceeds from the professional segment exceeded $ 230 million and 9.5% of the total, which is a record.  This is due to the high volume of  accelerator Quadro sales.  In the consumer segment is also observed an increase of 14% compared with second quarter 2012 financial year, but this is achieved, primarily due to increase in popularity of Tegra. Related Products :

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