NVIDIA Reports Operating Results for Second Quarter Fiscal Year 2004
Thursday August 7, 4:20 pm ET
Strong Product Leadership Drives 13.5 Percent Quarter-Over-Quarter Revenue Growth
SANTA CLARA, Calif., Aug. 7 /PRNewswire-FirstCall/ -- NVIDIA® Corporation (Nasdaq: NVDA - News) today reported financial results for the second quarter of fiscal 2004 ended July 27, 2003.
For the second quarter of fiscal 2004, revenue increased to $459.8 million, compared to $427.3 million for the second quarter of fiscal 2003, an increase of 8 percent. Net income for the second quarter of fiscal 2004 was $24.2 million, or $0.14 per diluted share, compared to net income of $5.3 million, or $0.03 per diluted share, for the second quarter of fiscal 2003.
Revenue for the six months ended July 27, 2003 was $864.8 million, compared to revenue of $1.01 billion for the six months ended July 28, 2002. Net income for the six months ended July 27, 2003 was $43.9 million, or $0.26 per diluted share, compared to net income of $88.5 million, or $0.51 per diluted share, for the six months ended July 28, 2002.
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