A few days ago - April 30 - NVIDIA Corporation completed the fiscal quarter. The period was from February through April - the first quarter of fiscal 2014. It must be said that in general, the company has worked well. Revenue for the period was $ 954.7 million, and net profit - $ 77.9 million seasonally adjusted revenues and profits declined as expected compared to the previous quarter. Revenues decreased by 13.7%, net profit - by 55.2%. What is more significant, compared to the same quarter a year ago NVIDIA revenues grew by 3.2%, while profit rose by 29%.
The company is gradually growing, which is due to Kepler microarchitecture, which can be found in SuperServers, and in the consumer market. In addition, the company has started the procedure of payment of dividends and stock buybacks. This is also a budget line, which reduces the net revenue. For the current fiscal year, the company plans to return to shareholders about one billion U.S. dollars. In the reporting period for these purposes spent $ 148 million
The next quarter is expected for the company would not be very profitable, but will not bring losses. The company expects to gain $ 975 million plus or minus 2%, R & D costs from $ 65 to $ 75 million and keep the same level of gross margin, which corresponds to 54.3%.
The company strongly relies on the new processors Tegra 4 and Tegra 4i. These solutions are currently in the certification process and become profitable in the second half of the year.