nVidia: risultati finanziari e previsioni future

For the third quarter of fiscal 2003, revenues increased to $430.3 million, compared to $365.0 million for the third quarter of fiscal 2002, an increase of 18 percent. Net loss for the third quarter of fiscal 2003 was $48.6 million, or $0.32 per diluted share, compared to net income of $41.3 million, or $0.24 per diluted share, for the third quarter of fiscal 2002.

The net loss for the third quarter of fiscal 2003 included a special charge of $61.8 million that resulted from the exchange of certain out-of-the-money employee stock options that had an exercise price equal to or greater than $27.00 per share for fully vested shares of the Company's common stock. For each stock option tendered, an employee received common stock with a value equal to the number of shares underlying the stock option, multiplied by $3.20. This resulted in the issuance of 3.8 million shares of common stock and the cancellation of approximately 18.8 million options.

Revenues for the nine months ended October 27, 2002 were $1.44 billion, an increase of 66 percent compared to revenues of $865.8 million for the nine months ended October 28, 2001. Net income for the nine months ended October 27, 2002 was $39.9 million, or $0.24 per diluted share, compared to net income of $100.9 million, or $0.60 per diluted share, for the nine months ended October 28, 2001.

A Mercury Research report, released this week, found that in the third quarter of 2002 Nvidia's market share rose to 58 percent, from 56 percent the previous quarter. ATI lost market share, shrinking from 36 percent in the second quarter to 33 percent in the third, despite selling the highest-performing graphics chip. The report looked at worldwide shipments of standalone graphics controllers.