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Old 07-Nov-2003, 06:12   #1
Arun
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Join Date: Aug 2002
Location: UK
Posts: 4,877
Default NVIDIA Q3: Not as good as it looks.

http://www.nvidia.com/object/IO_9437.html

Quote:
Net income for the third quarter of fiscal 2004 was $6.4 million, or $0.04 per diluted share, compared to a net loss of $48.6 million, or $0.32 per diluted share, for the third quarter of fiscal 2003.
Doesn't look too bad, until you realize that this loss included a $60M+ one-time charge regarding that stock exchange program NVIDIA did for employees.
So, since revenue is also significantly up, that means their margins are simply, well... awful.

BTW, I loved this quote
Quote:
"The full potential of our GeForce™ FX architecture is just being realized and is propelling our momentum and leadership across all of our products." Mr. Huang added


Uttar

P.S.: Yeah, this isn't fascinating, but since I noticed there wasn't any thread, and I generally like such a thread to exist... :P
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