14 DAY TRIAL // It seems that NVIDIA has finally gotten around to releasing its financial results for its most recently completed Fiscal Year quarter, revealing a fairly favorable sequential evolution, albeit an on-year drop in revenues.
The companies on the IT industry always go through ups and downs, especially on a market where one cannot be sure just how successful a new product type will be.
Fortunately for NVIDIA, the newly established tablet segment did not have too great a bearing on its financial performance so far.
In fact, though the Tegra family of devices is setting itself up to be a major player in this area, NVIDIA's primary revenue source remains the GPU.
During the recently ended fourth quarter of Fiscal Year 2011 (Q4 ended January 30), the company apparently did well for itself.
Its revenues were of $886.4 million, about 10% less than Q4 2010 yet 5% more than Q3 2011.
The profits, apparently, did much better as, for whatever reasons, the company was able to end up with the sum of $171.7 million.
For those that want the numbers, this corresponds to a jump of about 100% over the $84.9 million in the third quarter.
When it comes to the entire FY 2011, profits were of $253.1 million, as opposed to a net loss of $68 million in FY 2010.
That said, revenues were of $3.54 billion, $100 million of which were contributed by the Tesla GPU computing modules. For the sake of comparison, revenues during FY 2010 reached $3.32 billion.
Basically, once it seriously got into the DirectX 11 business, NVIDIA started to do better overall. Moving forward, it remains o be seen what the Kal-El and upcoming graphics processors and video boards can accomplish.
Either way, the worldwide supplier of GPUs hopes to see a revenue rise of 6 to 8% for the ongoing three-month period.