NVIDIA California-based company , headed by its founder and permanent leader Juan Jensen, a few days ago reported on the results of the second quarter 2013 financial year. In the calendar of graphics solutions manufacturer for a long time really has come 2013 fiscal year, while we still live in 2012.
So, NVIDIA in 29 July this year, ended the second quarter 2013 financial year. Revenues for the three-month period totaled $ 1.04 billion, net income was $ 119 million, the profit rate reached 51.8%, earnings per share was $ 0.19. The company managed to beat analysts expectations, this is due to record sales of Tegra processors, which are used in Tablet PCs, and rarely - in smartphones. Graphics NVIDIA also enjoyed success.
In terms of quarterly NVIDIA revenue grew by 12.9%, profit margins increased by 1.7 percentage points and net income all increased by 97%. Proceeds from the sale of graphics solutions has grown by 15.3% to $ 668.3 million revenue from the sale of professional products decreased by 7.7% to $ 196.3 million, Chief Financial Officer NVIDIA believes that the delay had a negative impact of the announcement of Intel Romley platform. In the consumer sector, revenue growth was 35.5%, to $ 179.7 million .
In the third quarter, NVIDIA expects to gain from $ 1.15 billion to $ 1.25 billion the return rate should remain at the same level (51.8%).