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February 13, 2013
12:52 EDTNVDAEarnings Preview: NVIDIA mobile progress in focus with Q4 report
NVIDIA (NVDA) is expected to report Q4 earnings after the close on Wednesday, February 13, with a conference call scheduled for 5:00 pm ET. NVIDIA is a semiconductor manufacturer that produces graphics chips used in personal computers as well as mobile processors used in cell phones, tablets and auto infotainment systems... EXPECTATIONS: Analysts are looking for earnings per share of 24c on revenue of $1.1B. The consensus range is 19c-29c for EPS on revenue of $1.04B-$1.18B, according to First Call... LAST QUARTER: NVIDIA reported Q3 adjusted EPS of 39c on revenue of $1.2B. The company reported an adjusted gross margin of 53.1% in the quarter. It also initiated a quarterly dividend of 7.5c per share and extended its share repurchase authorization. NVIDIA also said it expects Q4 revenue of $1.025B-$1.175B and an adjusted gross margin of 53.1%, which would be flat sequentially... RESEARCH AND NEWS: In January, NVIDIA introduced Tegra 4, calling the product "the world's fastest mobile processor." Early this month, DigiTimes said Toshiba (TOSBF) will be the first vendor to adopt the Tegra platform, adding that Taiwan-based supply chain makers say Tegra 4 may be struggling to compete with other platforms. About a week later, GigaOM reported that the company's Tegra 4 processor may power an upcoming Chromebook, which is a laptop that uses Google's (GOOG) Chrome operating system. In a note to investors last week, Pacific Crest maintained a Sector Perform rating on NVIDIA shares, citing its belief that the company has limited opportunity for GPU share gains... PRICE ACTION: Since the day after last quarter's report, shares of NVIDIA have declined a bit more than 1%. In afternoon trading ahead of tonight's report, NVIDIA is up 1.4% to $12.60.
News For NVDA From The Last 14 Days
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January 23, 2015
05:30 EDTNVDAiQIYI, NVIDIA announce strategic partnership to establish R&D center
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January 15, 2015
06:30 EDTNVDAGoogle in talks with major automakers on driverless cars, Reuters reports
Google (GOOG) is in talks with many of the top automakers in the world, including Toyota (TM), GM (GM) and Ford (F), about developing driveless vehicles, the director of Google's self-driving car project said yesterday, according to Reuters. The tech giant has also hired a group of "traditional and nontraditional suppliers" to bolster its efforts, with Nvidia (NVDA) one of the latter group, the news service quoted the executive as saying. Google aims to bring driverless vehicles to the market by 2020, the executive said, Reuters reported. Reference Link

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