NVIDIA Releases First Fiscal Quarter 2013 (Q1’13) Results

Subject: General Tech | May 9, 2013 - 07:50 PM |
Tagged: tegra 4, nvidia, grid, financial results

NVIDIA has released the results of its first fiscal quarter of 2014. Overall, NVIDIA had a positive first quarter with total revenue of $954.7 million and a net income of $77.9 million. During Q1 2014 the company announced its Grid VCA for enterprise customers and Tegra 4 and Tegra 4i for the mobile market. NVIDIA’s shareholders saw an Earnings Per Share (EPS) of 13 cents, which is up 30% versus the same quarter last year. Interestingly, NVIDIA has announced that it will be returning $1 billion to shareholders through increased dividends and buying back shares.

View Full Size

Q1 2014 is an interesting quarter, as it is up year over year, but down significantly versus the previous quarter (Q4’13). NVIDIA’s Q1’14 revenue of 954.7 million is up YOY 32% from $924.9 million in Q1’13, but down 13.7% from $1.1 billion in the previous quarter. The dip is likely attributable to the fact that its Q1’14 is the quarter after the holiday rush at the end of Q4. Considering it is still up versus last year, the dip versus last quarter shouldn’t be taken as a bad sign. Net income follows a similar pattern, with net income down 53.2% versus last quarter’s $174 million, but up 29% YOY (Q1’13 net income was $60.9 million).

The financial results seem to indicate that NVIDIA is continuing to grow and remain profitable. According to NVIDIA, the company expects to see operating expenses and revenue increase in Q2’14 to $448 million in and approximately $975 million respectively. Further, NVIDIA expects growth to continue throughout 2014 as it launches new Tegra 4(i) SoCs and expands its server/business offerings with its GRID technologies.

You can find NVIDIA's full financial report on the company's website.

Source: NVIDIA

May 9, 2013 | 09:17 PM - Posted by Anonymous (not verified)

What is most important without special circumstances is this year vs last year same quarter....

December 20, 2014 | 06:31 AM - Posted by Jann (not verified)

Εverything iѕ very open with a preϲise explanation of the issues.

It was really informative. Your websire is useful.
Thank you for sharing!

Take a look at my website ... thành lậр công ty vệ
sinh, http://chuyendonnha247.info/category/tin-tuc/can-thue-xe-cau,

May 10, 2013 | 04:19 AM - Posted by Anonymous (not verified)

am I missing something here? It's not 2014 yet

May 10, 2013 | 06:01 AM - Posted by Anonymous (not verified)

I thought PC's were in decline.

May 10, 2013 | 12:17 PM - Posted by aselwyn1

looks like we got a typo 2014 already... lets fix that Ryan or in this case Tim

May 10, 2013 | 01:58 PM - Posted by derz

Think thats correct if they are talking about Fiscal (financial) quarters.

May 10, 2013 | 07:28 PM - Posted by Jeremy Hellstrom

the post has now travelled back in time, thanks!

May 17, 2013 | 03:00 AM - Posted by Dong (not verified)

I'm not sure where you're getting your info, but good topic.
I needs to spend some time learning much more or understanding more.
Thanks for wonderful info I was looking for
this information for my mission.

Visit my web-site - Dong

May 28, 2013 | 08:37 PM - Posted by Terri (not verified)

I usually do not drop a great deal of responses,
however after browsing a few of the comments here Reply to comment | PC Perspective.
I do have a couple of questions for you if you do not
mind. Could it be only me or does it look like like some of these remarks look as
if they are written by brain dead individuals? :-P And, if you are posting on additional sites, I would like to keep up with everything new you have to
post. Could you post a list of all of your public sites like your twitter feed,
Facebook page or linkedin profile?

My website :: ościeznice sosnowe

May 10, 2013 | 07:49 PM - Posted by Tim Verry

It's NVIDIA's first fiscal quarter of 2014

For the rest of us, it's Q1 2013 :).

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Lines and paragraphs break automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <blockquote><p><br>
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

By submitting this form, you accept the Mollom privacy policy.