Nvidia 4Q EPS 19 Cents; Revs $953.2 Million; Shrs Down 4% On Guidance

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Nvidia 4Q EPS 19 Cents; Revs $953.2 Million; Shrs Down 4% On Guidance

February 19th, 2012 ipadoholic Leave a comment Go to comments

Nvidia shares fell 4% in after-hours trade Wednesday after the graphics and mobile-processor dilettante posted fourth-quarter gain down 16.5% from the year-ago quarter.

The Sunnyvale, Calif.-based firm reported net income of $116.0 million, or 19 cents per share, compared to net income of $139.0 million, or 23 cents per share, during the year-ago period.

Sales rose to $953.2 million from $886.38 during the year-ago quarter.

Nvidia mentioned it expects practiced sum margins of 49.5% ‘plus or reduction 1 commission point,’ on sales of between $900 and $930 million is to stream quarter.

Over the past a few years, Nvidia has broadened its concentration from graphics processors (GPUs) for personal computers to processors for chic phones, tablets, and supercomputers.

Over the past year, however, both Apple and Samsung, that pattern their own smartphone processors, have gained ground. Meanwhile, inscription computers built around Nvidia’s processors have struggled in a marketplace dominated by Apple’s iPad inscription computer, that relies on processors written by Apple.

Nvidia will have a large chance after that this year, however, with the launch of Microsoft ‘s next working network – Windows 8 – that will encouragement ARM-based processors from Nvidia, Qualcomm , and Texas Instruments in add-on to chips from Intel and AMD.

“I regard their next chance is in Windows 8 tablets and convertibles, but they face the dare that it’s an unproven market,” mentioned Patrick Moorhead, boss of Moor Insights Strategy.

Nvidia shares fell 4.0%, or 65 cents, to $15.52 in after-hours trade Wednesday.