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Nvidia posts Q4 results

Posted: 23 Feb 2006 ?? ?Print Version ?Bookmark and Share

Keywords:revenue? Nvidia? GPU? graphics processing unit?

Nvidia Corp. reported financial results for Q4 fiscal 2006 and the fiscal year ended Jan. 29, 2006.

For Q4 fiscal 2006, revenue was $633.6 million, compared to $566.5 million for the same quarter of fiscal 2005, an increase of 12 percent. Operating income for Q4 fiscal 2006 experienced 97 percent growth to $112.3 million, compared to operating income of $57.2 million for Q4 fiscal 2005.

Meanwhile, revenue for the fiscal year ended Jan. 29, 2006 was $2.38 billion, compared to the previous fiscal year's revenue of $2.01 billion. Net income for the fiscal year ended Jan. 29, 2006 was $302.6 million, or $1.65 per diluted share, compared to net income of $100.4 million, or 57 cents per diluted share, for the previous fiscal year, a net income increase of 202 percent.

According to Nvidia president and CEO Jen-Hsun Huang, multiple trends will create growth opportunities in the company's target marketsHD DVD and Blu-ray high definition video, Microsoft Windows Vista, the 3G ramp and increasing multimedia content for mobile devices, and next-generation game consoles.

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