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[Techpowerup.com] (PR) NVIDIA Reports Financial Results for Fourth Quarter and Fiscal Year 2010 - i4memory.com - different look at memory

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Old 19-02-2010, 05:40 AM   #1
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[Techpowerup.com] (PR) NVIDIA Reports Financial Results for Fourth Quarter and Fiscal Year 2010

NVIDIA Corp. reported revenue of $982.5 million for the fourth quarter of fiscal 2010 ended Jan. 31, 2010, up 9 percent from the previous quarter and more than double the $481.1 million reported in the same period a year earlier. For the full fiscal year, revenue was $3.3 billion compared with $3.4 billion for the fiscal year ended Jan. 25, 2009, a decrease of 3 percent.

On a GAAP basis, the company recorded net income of $131.1 million, or $0.23 per diluted share, for the fourth quarter of fiscal 2010, compared with a GAAP net loss of $147.7 million, or $0.27 per share, in the same period a year earlier. GAAP net loss for the fiscal year ended Jan. 31, 2010 was $68.0 million, or $0.12 per share, compared with a net loss of $30.0 million, or $0.05 per share, for the fiscal year ended Jan. 25, 2009.



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