NVIDIA beats Q1 expectations with $77.9 million in profit

NVIDIA beats Q1 expectations with $77.9 million in profit
After seeing the quarterly numbers from companies like Google, Apple, Microsoft, and Samsung, the numbers reported by NVIDIA look like a drop in the bucket. But, NVIDIA has beaten expectations for its Q1 earnings with $77.9 million in profit, causing the company's stocks to climb in after-hours trading. Not surprisingly, NVIDIA's Q1 profit numbers actually show a drop of about 55% from Q4 of 2012, but a holiday quarter tends to be a big one. The quarter still marked a 29% increase year-on-year for NVIDIA. 

NVIDIA reported today that the company had earned $954.7 million in revenue, and maybe the best news for investors: the company's profit margins are at the highest levels ever. All of this good news is leading NVIDIA to also announce that it will initiate a $1 billion program of stock buybacks and dividends for investors. 

Things are certainly looking up for NVIDIA, and the future looks to stay bright with the Tegra 4 on the way. 

source: NVIDIA via Engadget

FEATURED VIDEO

8 Comments

1. TROLL

Posts: 4851; Member since: Apr 13, 2012

Waiting for Tegra4™

2. blingblingthing

Posts: 893; Member since: Oct 23, 2012

Same here. I want to see good things for Nvidia

3. FlushGordon unregistered

TEGRA 4 is nothing but a third place finisher.... their 36,000 antutu score a couple of months back was nothing but a big fat lie to attract attention....looks like the 1,8 ghz tegra 4 is ONLY equivalent to the Exynos 1.6 ghz octa..... And the Snapdragon 800 isn't even out yet. or the 2 ghz exynos TEGRA 4 will be out matched and outgunned as usual, eating the dust like a rag doll being ran over by a truck

7. Pedro0x

Posts: 271; Member since: Oct 19, 2012

Frequency isn´t everything. This 1.8 GHz tegra 4 was maybe made to take less battery, but I have to agree with you that Tegra 4 will have it very tough to stay in business when 800 and the new exynos will come out soon. I really like NVIDIA:s products but when it comes to mobile stuff they fall behind, yes their graphics in tegra 4 is the most powerful right now, more powerful than SGS4 or Ipad 4. I believe Tegra 4 costs way too much to be put in a mobile or it takes way too much energy. I hope that Tegra 5 will finally make NVIDIA famous, supporting OpenGL 4.3 which is really cutting edge( Tegra 4 isn´t even supporting OpenGL 3.0 and that is why it gets pretty low scores in GLBenchmark) and Tegra 5 graphics will finally have graphics performance like Xbox 360.

8. kalandershihab

Posts: 57; Member since: Mar 09, 2012

those revenues aren't from tegra processors. they're from the graphics cards.,

4. Avenger337

Posts: 92; Member since: Apr 14, 2013

Nvidia chief is doing a great job and the promising future Tegra Tegra 4 and 5 on the way in 2014, everything will be years paracer indicate above their rivals.

5. FlushGordon unregistered

So far they haven't proven that yet...this is now the 4th generation Tegra and it looks like they are about to get beaten again by Qualcomm and Samsung

6. YouGotTrolledSon

Posts: 41; Member since: Nov 25, 2012

Tegra 4 vs Snapdragon 800 vs Exynos 5 :D

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.