Nvidia has just posted its 4Q financial results that are somewhat worse-than-expected as the company has to bear a huge $148m loss and nearly 60% drop in its sales because of the worldwide weak demands.
Nvidia, the biggest suppliers of graphic chips, showed a loss of 27 cents per share, while it was 42 cents per share for the same period last year. Similarly, the company reported revenue $481.1m that is nearly 60% down from the previous year $ 1.2b one year back.
Excluding their special items, the loss is $94.4m or 18cents per share.
Click here to read this post full article
