Nvidia has published its report for the third quarter of fiscal 2009 and reported a year-on-year revenue growth of two per cent.During the third quarter of fiscal 2009, revenue was $897.7 million compared to $1.12 billion for the third quarter of the previous year, a 20 percent decrease.
However, for the nine months ended October 26th, 2008, revenue increased to $2.94 billion compared to $2.90 billion for the nine months ended October 28, 2007, an increase of 2 percent.
“We made good progress on multiple fronts during the quarter,” commented Nvidia CEO Jen-Hsun Huang. “Improving gross margin while managing operating expenses enabled us to significantly improve our operating fundamentals. We transitioned our performance segment GPUs to 55 nanometers and are now poised to recapture lost share.”
Source: Market Watch
Advertisement
Related Stories
- The Hut Group sees 70 per cent growth Feb 10th 2012 at 4:49PM
- CES 2012: Nvidia hails deluge of Tegra 3-powered tablets Jan 12th 2012 at 5:50AM
- Mid-range video cards tested in Skyrim Nov 23rd 2011 at 6:03AM
- Video: Nvidia Tegra 3 released Nov 10th 2011 at 1:14PM
- Nvidia releases GeForce 285.62 final drivers Oct 25th 2011 at 12:15AM
- Games boost UK retail sales Oct 21st 2011 at 10:28AM
- IDC: PC market contracted in Q3 Oct 20th 2011 at 10:59AM
- Nvidia launches 3D Vision 2 upgrade Oct 16th 2011 at 9:17PM
- Nvidia to power world's fastest supercomputer Oct 12th 2011 at 12:28AM
- Nvidia comes top in Battlefield 3 beta benchmarks Sep 29th 2011 at 8:09AM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!