This will also include the link to a recent "CORRECTION" they made.
Source: NVIDIA & correction
SANTA CLARA, CA -- (Marketwire) -- 02/16/2011 -- NVIDIA (NASDAQ: NVDA)
Revenue increased 5.0 percent to $886.4 million from the third quarter.
We believe some analyst estimates may have recorded the Intel settlement as revenue, rather than as a credit to operating expenses, artificially raising revenue consensus.
GAAP net income grew to $171.7 million, or $0.29 per diluted share, from the third quarter's $84.9 million, or $0.15 per diluted share.
GAAP gross margin increased to a record 48.1 percent from the third quarter's 46.5 percent.
NVIDIA (NASDAQ: NVDA) today reported revenue of $886.4 million for the fourth quarter of fiscal 2011 ended Jan. 30, 2011, up 5.0 percent from the prior quarter and down 9.8 percent from $982.5 million from the same period a year earlier.
On a GAAP basis, the company recorded net income of $171.7 million, or $0.29 per diluted share, compared with $84.9 million, or $0.15 per diluted share, in the previous quarter and GAAP net income of $131.1 million, or $0.23 per diluted share, in the same period a year earlier. GAAP gross margin was a record 48.1 percent compared with 46.5 percent in the previous quarter and 44.7 percent in the same period a year earlier.
(please visit the source link and correction for much more detailed information)...
Source: NVIDIA & correction