07 May 2009

NVDA: Earnings Announcement 2009-1Q

NVIDIA Corporation (NASDAQ: NVDA) lost $0.37 per share in the three months that ended on 26 April 2009. This was the first quarter of the company's fiscal 2010.

Revenue in the quarter far, far surpassed our unpublished expectations. However, earnings suffered because NVIDIA recorded a $140 million charge due to "a cash tender offer to purchase employee stock options."

The spreadsheet below displays the results. Please note that our arrangement of data may differ in material respects from the company's presentation.

We will post a thorough evaluation soon.


Full disclosure: Long NVDA at time of writing.

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