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NVIDIA Q4 2013 results come in at $1.1 billion in revenue, $174 million profit

NVIDIA reports Q4 2013 financial results, revenue slightly down from last quarter

| Business, Financial & Legal News | Posted: Feb 14, 2013 12:32 am

NVIDIA has reported their fourth quarter 2013 earnings and they are up year-over-year. While the earnings are up year-over-year, they've dropped slightly from the records set last quarter. NVIDIA saw a total of $1.1 billion in revenue, which is down from last quarter's $1.2 billion and up from 2012's $950 million.

 

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Profit came in at $179 million, down from $209 million last quarter. For the entire year, NVIDIA's GPU business brought in a total of $3.2 billion, not too bad when you consider that this year hasn't been too great to PC sales. NVIDIA notes that its Tegra business continues to grow:

 

"This year we did the best work in our company's history," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "We achieved record revenues, margins and cash, despite significant market headwinds."

 

If you're interested in the nitty-gritty details, the full PR is available on NVIDIA's website.

NEWS SOURCES:Engadget.com

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