Nvidia: Results down but outlook positive

Nvidia

Nvidia has unveiled the foundry's financial results for its first quarter fiscal 2013 (ended in late April 2012) and announced a stock down over the same period last year. The company announced a turnover of 924.9 million dollars (against $ 953 million last year) for a net profit of $ 60.4 million, compared to earnings of $ 116 million there is a year (data GAAP).


Gross margin remains above 50%, falling slightly from 51.4% last year. Nvidia's CEO Jen-Hsun Huang, welcomes the activity of using the GPU platform while Kepler's mobile platform Tegra should enjoy the arrival of Windows 8 on ARM with a "design wins "already won (even if a design win is not necessarily a guarantee of a marketed product).


It also promises interesting developments in connection with the GPU Technology Conference next week, especially for the mobile and cloud computing. But what caught the attention of analysts, this is the forecast for the second fiscal quarter 2013 group, the latter anticipating a turnover of between $ 995 million and $ 1.05 billion.


It suggests a strong rebound in the current quarter, with a rise in gross margin to 51.2%, above expectations of observers. The market reaction was not long in coming to this announcement, boosting the share price of Nvidia by almost 9% on the announcement of these results.


In addition to the Kepler GPU as the GeForce GTX 670, GTX 680 and GeForce GTX 690 especially the dual GPU, the first smartphone boarding platform Tegra 3 quad core, namely the HTC X One, was launched during the first fiscal quarter 2013 group.

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