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NVIDIA Reports Financial Results for Second Quarter Fiscal Year 2012

btarunr

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#1
NVIDIA (NASDAQ: NVDA) today reported revenue of $1.02 billion for the second quarter of fiscal 2012 ended July 31, 2011, up 5.7 percent from the prior quarter, and up 25.3 percent from $811.2 million in the same period a year earlier. On a GAAP basis, the company recorded net income of $151.6 million, or $0.25 per diluted share, for the second quarter of fiscal 2012. This includes a two-cent dilutive impact from the Icera acquisition. It compares with net income of $135.2 million, or $0.22 per diluted share, in the prior quarter. In the same period a year earlier, the company had a net loss of $141.0 million, or $0.25 per diluted share.

On a non-GAAP basis -- which excludes stock-based compensation, amortization of acquisition-related intangible assets, other acquisition related costs, and the tax impact associated with these items -- net income was $193.5 million, or $0.32 per diluted share. That compares with net income of $165.7 million, or $0.27 per diluted share, in the prior quarter, and net income of $47.6 million, $0.08 per share, in the same period a year earlier.

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#2
Did I miss something? :wtf: I thought it was 2011? :confused:
 

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#3
Did I miss something? :wtf: I thought it was 2011? :confused:
many companies have crazy fiscal years. so fiscal year 2012 could start second quarter 2011. they just call the period between then and the end of first quarter 2012 "fiscal year 2012"
 
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#5
nVidia - the largest discrete graphics card company in the world - reports their financial earnings in an ascii table.
 
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#6
many companies have crazy fiscal years. so fiscal year 2012 could start second quarter 2011. they just call the period between then and the end of first quarter 2012 "fiscal year 2012"
SO like a legal way of cooking the books so to speak . .. .
 

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#8

Easy Rhino

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#9
cooking the books implies lying about financials and covering it up using some pretty neat accounting tricks. this is not cooking the books.
 
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#10
cooking the books implies lying about financials and covering it up using some pretty neat accounting tricks. this is not cooking the books.
fair enough just seem kinda shady IMO, as one could potentially change a bad year by saying it was for 2012 ect.
 
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#11
There's no way they can change it, or they would have a gap in their financials. Trust me, it's not anything shady. Few companies actually have their fiscal years match calendar years exactly.
 
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#12
think of company fiscal year vs actual year like degrees Kelvin vs degrees Celsius
 
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#13
nVidia - the largest discrete graphics card company in the world - reports their financial earnings in an ascii table.
Because ascii is too cool for you.