NVIDIA closed the last quarter with mixed results

NVIDIA produced weaker results than analysts expected. The company had a net profit of $ 116 million, up from $ 171 million a year earlier. 

In the last quarter of last year, the Greens posted $ 953 million in turnover, which is definitely an improvement over the same period in 2010, when revenue kicked in at $ 886 million. The overall picture is somewhat nuanced by the fact that NVIDIA generated even higher sales in the third quarter.

NVIDIA CEO Jen-Hsun Huang is pleased with the numbers. In his report, he highlighted that the GPU business has performed well and that the Tegra 3 and Kepler architectures could soon give a new impetus to the company.

Despite the optimistic outlook, the company expects revenue of $ 900-930 million for the current quarter - slightly below analysts ’previous predictions.

Source: fudzilla.com