NVIDIA is starting to get the ship on the right path again after a down period in 2009 and early 2010. The latest fiscal report from the company sums up the fiscal year of 2011 it is showing mainly positive numbers with earnings of 253.1 million dollar, compared to a loss of 68 million in 2010.
NVIDIA ended the fiscal 2011 on January 30th and over the year the revenue was 3.54 billion dollar, an increase from 3.32 billion dollar in 2010. The last fiscal quarter of 2011 was up 5% to 886.4 million dollar, compared to Q3 and 843.9 million dollar. GAAP gross margin was record high 48.1 percent from Q3 46.5 percent.
NVIDIA VP Jen-Hsun Huang
The perhaps most interesting is that NVIDIA focuses a lot on the mobile processor branch with Tegra, where it mentions the quad-core Kal-El krets in the press release and also the coming Project Denver that is also based on the ARM architecture.
”These strong results underscore the larger story of NVIDIA’s transformation,” sa Jen-Hsun Huang, NVIDIAs vd och koncernchef. ”Even as we are extending our leadership in visual computing, our investment in mobile computing and parallel computing is now driving our growth.
NVIDIA has a strong outlook on fiscal Q1 2012 where it is counting on an increase in revenue by 6-8% over the last quarter. All numbers can be found at the company website.
