Revenues drop 60 per cent in Q4 with annual losses hitting £30m
Graphics chips vendor Nvidia’s results for fiscal Q4 revealed a $147.7 million net loss, while for the year as a whole the firm made a loss of £30 million.
Q4 revenue was $481.1 million, compared to $1.2 billion for the same period the previous year. The firm blamed a ‘difficult and uncertain’ environment for the figures.
Click here to read the full story over on PC Retail.
Advertisement
Comments
Leave a Comment
HOT TOPICS
Religious leaders slam Modern Warfare 2 130
Microsoft hails its ‘killer weapon’ in battle with PS3 and Wii 51
Russia pulls Modern Warfare 2 from sale? 16
The Hut rebuffs AC2 date break claims 14
The Producers pulls out of Trilogy partnership 13
MW2 sales pass $550m worldwide 13
60% of UK 360s have failed 12
Xbox Live class action begins 10
Facebook hitting PS3 today 8
Call of Duty inspires new retailers 6
RELATED STORIES
Infogrames net revenue up 45% 3
THQ losses lead to 250 job cuts 2
Garriott quits as NCsoft profits tumble 50% 1
Playlogic’s Q3 revenue drops 70% 1
DSGi posts £29.8m loss 1
1,000 jobs to go at Nokia 1
Microsoft to cut 5,000 jobs 2
Philips announces 6,000 job losses 1
EA: More job cuts coming as Q3 losses reach $641m 1
Disney Interactive sees losses despite revenue hike 1
ABOUT US
MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets