Corona crisis? Not with the green chip developer, it seems
In the hardware world, it is customary to expect revenues in the first months of the year to be lower than revenues in the end of the year, which are usually accompanied by many new product launches and a major shopping storm in the Western world with a return to school and holiday season - but sometimes no quarterly financial data falls The last of any year and the first quarter financial data for the year that begins, which is usually an encouraging sign of the potential for further down the road.
With the reporting of a company NVIDIA For the first quarter of fiscal year 2021 (which began in February 2020 and ended in April 2020), it appears to have reached this impressive feat once again - with numbers that jump tens and hundreds of percent over the same period last year, which is a minuscule drop relative to peak numbers In some of the indices we received from the company at the end of the year, all the while before there is an addition of the balance sheets from the Israeli company Melanox that it officially purchased recently.
In the first quarter of fiscal year 2021 recorded NVIDIA $ 3.08 billion in revenue, with $ 1.12 billion in pre-tax profit - down one percent and four percent, respectively, in relation to revenue and net profit in the last quarter of fiscal 2020, while jumping 39 percent and 106 percent over the first quarter financial year data 2020. The chip developer is undoubtedly in a very high-quality and convenient position, in almost every area it chooses to focus and compete with, with minimal negative impact until the global corona crisis exists.
Gaming product sales also accounted for the bulk of revenues this year with $ 1.339 billion, but the biggest improvement was once again recorded by the server and data centers that achieved new record revenue of $ 1.14 billion and is now in a momentum that could soon make it the biggest and most successful company. The Professional Processing division posted good revenues of $ 307 million, the OEM and Intellectual Property Division in contracting business for other companies had slightly increased revenues of $ 138 million, while the Automotive division was the one that walked in place with $ 155 million and a slight decrease in revenue compared to the quarter Previous and compared to the same quarter last year - although it is likely that, in this case, the continued investment of NVIDIA You will pay for it in the future, much like the many years of investing in technology for the HPC worlds are now yielding prestigious successes.
The company's next quarter, which is currently slated to end at the end of July 2020, is expected to be extremely intriguing with the addition of data from Melanox to the lists. B-NVIDIA Expected total revenues of $ 3.65 billion will be a new historic record, and at the first stage there is a likelihood of a hit in the line of profits due to the acquisition deal can be cautiously estimated that it will later help Zhen-san Huang company reach new and especially impressive heights in all aspects - Pink and quite optimistic and the future may be even sweeter and more exciting.