{"id":77474,"date":"2013-05-10T01:18:57","date_gmt":"2013-05-09T23:18:57","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=77474"},"modified":"2013-05-10T12:39:50","modified_gmt":"2013-05-10T10:39:50","slug":"nvidia-quarterly-results-beat-expectations","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/hardware\/77474-nvidia-quarterly-results-beat-expectations.html","title":{"rendered":"Nvidia quarterly results beat expectations"},"content":{"rendered":"<p><a title=\"Nvidia\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/361596-Nvidia\">Nvidia<\/a> posted first-quarter earnings and revenue above expectations but its revenue outlook for the current quarter fell short of Street estimates.<\/p>\n<p>The Santa Clara, California, chipmaker reported first-quarter revenue rose to $954.7 million on Thursday, from $924.9 million in the year-ago quarter.<\/p>\n<p>It said revenue in the current quarter would be $975 million, plus or minus 2 percent.<\/p>\n<p>Analysts were expecting revenue of $941 million for the quarter ended in April and $1.0 billion for the quarter ending in July, according to Thomson Reuters I\/B\/E\/S.<\/p>\n<p>First-quarter net income was $77.9 million, or 13 cents a share, compared to $60.4 million, or 10 cents a share, in the same quarter last year. Analysts on average expected earnings per share of 10 cents.<\/p>\n<p>It had a record GAAP gross margin of 54.3 percent and non-GAAP gross margin of 54.6 percent in the quarter. It said current-quarter gross margins would be about the same.<\/p>\n<p>Shares of Nvidia rose 2 percent in extended trade after closing up 0.08 percent at $13.91.<\/p>\n<p>(Reporting by Noel Randewich; Editing by Bernard Orr and Carol Bishopric)<\/p>\n<h3 class=\"my-4\">More hardware news<\/h3>\n<p><strong><a href=\"http:\/\/mybroadband.co.za\/news\/hardware\/77394-nand-flash-market-will-remain-stable-sandisk-ceo.html\">NAND flash market will remain stable: SanDisk CEO<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mybroadband.co.za\/news\/hardware\/77248-intel-revamps-atom-processor-to-find-better-mobile-footing.html\">Intel revamps Atom processor to find better mobile footing<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mybroadband.co.za\/news\/hardware\/77164-acer-aspire-r7-laptop-packs-some-fancy-tricks.html\">Acer Aspire R7 laptop packs some fancy tricks<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia posted first-quarter earnings and revenue above expectations but its revenue outlook for the current quarter fell short of Street estimates.<\/p>\n","protected":false},"author":340871,"featured_media":73684,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[15],"tags":[3838,7979],"class_list":["post-77474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-nvidia","tag-quicknews"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/77474"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/340871"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=77474"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/77474\/revisions"}],"predecessor-version":[{"id":77476,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/77474\/revisions\/77476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/73684"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=77474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=77474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=77474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}