NVIDIA announces Q3 financial results
Today NVIDIA announced Q3 financial results. The company reported quarterly sales of $430.3 million, that lies near $427.3 million of the previous qaurter and is 18% more than $365.0 million earned a year ago. However, in Q3 the company suffered $48.6 million dead loss or $0.32 per stock. Last year in Q3 NVIDIA was profitable with $41.3 million net profit or $0.24 per stock. In the previous quarter the company lost $5.3 million.
Company leaders tie losses to the generally negative PC sales situation worldwide.
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