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NVIDIA Reports Results for Q2 of Fiscal 2009 & Announces Increase to Stock Repurchase

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#1
NVIDIA Corporation today reported financial results for the second quarter of fiscal 2009 ended July 27, 2008. For the second quarter of fiscal 2009, revenue decreased to $892.7 million compared to $935.3 million for the second quarter of fiscal 2008, a decrease of five percent. For the six months ended July 27, 2008, revenue increased to $2.05 billion compared to $1.78 billion for the six months ended July 29, 2007, an increase of 15 percent.


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Mussels

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#2
this needs an edit. the entire post is showing on the front page and not a snippet
 

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#3
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#4

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#5
Learned something new again lol! Didnt know you could do that. Do now, thanks guys!
I'm your news editor and chief of news, of course I can and it's my work to do that. :toast:
 
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#6
I'm your news editor and chief of news, of course I can and it's my work to do that. :toast:
I meant I didnt know it was possible to do a page break thing. I know you can edit my posts, lol. You could delete if you wanted to! hope its okay. had to rejig the title a bit cus Nvidia's title was longer than it allowed me space for.
 
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#7
2009? Shouldn't it be of 2008?
 
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#8
2009? Shouldn't it be of 2008?
I think its based on the Financial Year. So this financial year ends April 2009.
 

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#9
So a net loss of 120 million dollars, eh? They have enough money saved to easily take the hit and prepare for a new GPU generation.. Competition is good!
 
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#10
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#11
So a net loss of 120 million dollars, eh? They have enough money saved to easily take the hit and prepare for a new GPU generation.. Competition is good!
Yeah its quite a big loss, probably due to the fact they had to sell the GTx200 series below cost.

Should mean they get another card out pretty quick to beat the 4870X2 on a smaller fab and starting bringing their profits back up. Hopefully in time for my 90 day step-up :D
 
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#12
My bad, then: sorry.
LoL, I was going to say something about that too. Confused me.

No one has touched on it yet, but they sure picked a good time to buy back their stocks.
I mean their low before the crash was $18.
 
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