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Electronic information

NVIDIA third-quarter net profit fell 74%

In Electronic Infomation Category: R | on November   1, 2010

NVIDIA (Nasdaq: NVDA) today announced third quarter fiscal 2009 earnings. Report, NVIDIA third-quarter revenue was $ 897,700,000, and EPF10K50EFC256-3 datasheet and last years 1.12 billion, down 20%; net income of $ 61,750,000, with $ 235,700,000 last year, down 74%.

Ended October 26 of this quarter, in accordance with GAAP, NVIDIAs net income $ 61,750,000, or 11 cents per share, this performance is less than a year earlier. The third quarter of fiscal 2008, NVIDIA net profit of 235.7 million U.S. dollars, earnings per share of 38 cents.

Not included with recent layoffs and EPF10K50EFC256-3 price and other project-related expenditures (not in accordance with GAAP), NVIDIA third-quarter earnings per share of 20 cents, this performance was better than analysts had expected. Reuters survey, analysts had on average expected earnings per share for the third quarter NVIDIA 12 cents.

NVIDIA third-quarter revenue was $ 897,700,000, and EPF10K50EFC256-3 suppliers and last years 1.12 billion, down 20%, this performance was better than analysts expected. Reuters survey, analysts on average had expected third-quarter revenue NVIDIA is $ 889,200,000.

By the economic slowdown

And the impact of weaker consumer demand, NVIDIA stock has fallen more than 75% this year. NVIDIA9 announced plans to cut 6.5% of the staff. CEO Jen-Hsun Huang, president and chief

NVIDIA (Jen-Hsun Huang), said: "We introduced the first Intel processors for notebook chipset, has now entered the PC market, the fastest growing area."

Day, NVIDIA shares on the Nasdaq in regular trading down $ 0.89, to close at $ 7.62, down 10.46%. In after-hours trading, NVIDIA shares rose $ 0.89 to $ 8.51, or 10.895. Over the past 52 weeks, NVIDIA maximum price of $ 38.03, the lowest price is $ 5.97.

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