VR-Zone

NVIDIA has reported results for financial results for Q4 FY 2012, and full FY 2012 ended Jan 29th 2012. Revenues for FY 2012 stood at $4 billion, with Q4 at $953 million.

Compared to Q3, Q4 revenues were down 10.6%. Despite this, overall FY 2012 revenues were up 12.8% over FY 2011. GAAP net income for FY 2012 was up to $581.1 million, an immense 230% over FY 2011. Q4 FY 2012 income was down to $116 million from Q3's $178 million, although up 7.5% from the same period last year. Gross margin for FY 2012 was upto 51.4%, up sharply from 39.8% in FY 2011.

Highlights from Q4 FY 2012 (which includes CES 2012) were the release of Tegra 3 and Maximus, and announcements of several Tegra 3 devices, particularly high-end tablets with Full HD displays. Looking to the future, NVIDIA expects Tegra 3 and Kepler to be the main growth drivers.  For Q1 FY 2013, ending May 30th 2012, NVIDIA expects revenue to be between $900 and $930 million.  Gross margin will also be down to 49.2% +/- 1%.

Source: NVIDIA Press Release