NVIDIA Reports Financial Results for Third Quarter Fiscal Year 2010 - Yahoo! Finance
SANTA CLARA, CA--(Marketwire - 11/05/09) - NVIDIA Corp. (NASDAQ:NVDA - News)
* Revenue up 16 percent quarter-on-quarter to $903.2 million
* GAAP net income of $107.6 million, or $0.19 cents per diluted share
* GAAP gross margin of 43.4 percent; non-GAAP gross margin of 41.0 percent
* Cash flow from operating activities of $141.3 million; free cash flow of $124.7 million
NVIDIA Corp. (NASDAQ:NVDA - News) today reported revenue of $903.2 million for the third quarter of fiscal 2010 ended Oct. 25, 2009, up 16 percent from the previous quarter and up slightly from $897.7 million reported in the same period a year earlier.
On a GAAP basis, the company recorded net income of $107.6 million, or $0.19 per diluted share, compared with net income of $61.7 million, or $0.11 per diluted share a year ago. Third quarter GAAP results included a benefit to operating income of $25.1 million related to insurance reimbursements received during the quarter. On a non-GAAP basis -- excluding the insurance reimbursements and stock-based compensation, as well as their associated tax impact -- net income was $110.3 million, or $0.19 per diluted share, compared with $111.4 million, or $0.20 per diluted share, a year earlier.
And Charlie was saying NV was going to be hurt financially. LOL
These results include up to October 25, so they include some pain from the 58xx series.



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