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NVIDIA reports fiscal Q1 2013 results

Posted on Thursday, May 17 2012 @ 19:53:25 CEST by

Last week NVIDIA reported its fiscal Q1 2013 financial results, you can find all the details in the press release. (couldn't post it earlier due to a holiday).

-- Revenue of $924.9 million.
-- GAAP net income was $60.4 million, or $0.10 per diluted share.
Non-GAAP net income was $97.5 million, or $0.16 per diluted share.
-- GAAP gross margin was 50.1 percent. Non-GAAP gross margin was 50.4 percent.

NVIDIA (NASDAQ: NVDA) today reported revenue of $924.9 million for the first quarter of fiscal 2013 ended Apr. 29, 2012.

"Kepler GPUs are accelerating our business," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "Our newly launched desktop products are winning some of the best reviews we've ever had. Notebook GPUs had a record quarter. And Tegra is on a growth track again, driven by great mobile device wins and the upcoming Windows on ARM launch.

"Graphics is more important than ever. Look for exciting news next week at the GPU Technology Conference as we reveal new ways that the GPU will enhance mobile and cloud computing," he said.



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