Free 7-day Trial
All Articles and Columns »

NVIDIA Corp. Reports Operating Results (10-Q)

August 23, 2012 | About:
insider

10qk

18 followers
NVIDIA Corp. (NVDA) filed Quarterly Report for the period ended 2012-07-29.

Nvidia Corporation has a market cap of $9.07 billion; its shares were traded at around $14.58 with a P/E ratio of 18.3 and P/S ratio of 2.3. Nvidia Corporation had an annual average earning growth of 3.4% over the past 10 years.
This is the annual revenues and earnings per share of NVDA over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of NVDA.


Highlight of Business Operations:

Revenue was $1.04 billion for our second quarter of fiscal year 2013, compared to $1.02 billion for our second quarter of fiscal year 2012, which represents an increase of approximately 2.7%. A discussion of our revenue results for each of our operating segments is as follows:

GPU business revenue decreased by approximately 2.2% to $1.25 billion for the first half of fiscal year 2013, compared to $1.28 billion for the first half of fiscal year 2012. The decrease is attributable mainly to the decline in revenues from our MCP chipsets as these products approach their end of life, as well as a decline in mainstream desktop sales. Offsetting these decreases were increases in high-end desktop revenues driven primarily from sales of our 28 nanometer Kepler products. Notebook revenues also increased as a result of strong design wins based on Intel's Ivy Bridge platform. Additionally, the first half of fiscal year 2013 included the full impact of six months of revenue from the cross licensing arrangement with Intel, while the first half of fiscal year 2012 only included four months of the corresponding revenue.

PSB. PSB revenue decreased by approximately 6.6% to $196.3 million in the second quarter of fiscal year 2013, compared to $210.3 million in the second quarter of fiscal year 2012, and decreased by 0.8% to $409.0 million for the first half of fiscal year 2013, compared to $412.1 million for the first half of fiscal year 2012. We believe these decreases were mainly caused by a softening of workstation demand in European markets, driven by weak economic conditions there.

Revenue from sales to customers outside of the United States and Other Americas accounted for 77% and 78% of total revenue for the second quarter of fiscal years 2013 and 2012, respectively, and were 77% and 80% of total revenue for the first half of fiscal 2013 and 2012, respectively. Revenue by geographic region is allocated to individual countries based on the location to which the products are initially billed even if the revenue is attributable to end customers in a different location.

Revenue from significant customers, those representing 10% or more of total revenue, was approximately 12% and 11% of our total revenue from one customer for the three and six months ended July 29, 2012, respectively. Revenue from significant customers, those representing 10% or more of total revenue, was approximately 11% of our total revenue from one customer for the three and six months ended July 31, 2011.

Read the The complete Report

About the author:

10qk
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide