NVIDIA Releases Their 2014 Financial Records

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Updated: February 14, 2014
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NVIDIA Releases Their 2014 Financial Records and predicts 2014 outcome. NVIDIA has recently released their financials for the year 2014 and it seems as if NVIDIA is still making progress and money, at least according to what is being shown to the public. It also seems as if NVIDIA is not having the financial difficulties hitting many long time PC companies as the PC industry flattens out and less and less new products are being brought to market.

For some this information may be meaningless, but for others this may shed some light on how well NVIDIA is thriving in a market that is flatter than the proverbial pancake. NVIDIA actually grew their GPU business by nearly 50% in the 4th quarter of 2013 showing great strides for team green in 2013. NVIDIA demonstrated Denver, which is NVIDIA’s custom 64-bit ARM core inside Tegra K1. This was the first time Android had been shown running on 64-bit ARM.

NVIDIA also announced Audi in 2013, which is a new Tegra-powered infotainment system, smart display and digital cockpit. Audi also announced it will use Tegra K1 to power its future piloted-driving initiatives.  They also launched the Tesla® K40, the world’s fastest accelerator for supercomputing and big data analytics. Another smart move was NVIDIA partnered up with IBM to build supercomputers for the HPC community and accelerate enterprise data analytics applications with GPUs. All of these different business actions helped NVIDIA have a great year, and one that was profitable as well.

NVIDIA also has some very strong predictions as to how well they will do in 2015 and the number are nothing to smirk at. NVIDIA claims that in 2014 they expect revenue of 1.05 Billion dollars (NVIDIA site says 2015, but that is a typo on their end) that not only show profit, it also shows growth in a market that many other are almost drowning in. All of this is awesome news for those folks who flock to the NVIDIAS banner and it also ensures us that NVIDIA will still be around for anything in the foreseeable future. Hats off to team Green for making the right moves and thriving where others are falling. For the complete news on this you can check out the financial page on NVIDIA and see all of the information they have released. The link can be found right here if you have an interest in this sort of thing and want to know even more. Have a great Friday my peeps and thank you for reading Tech Of Tomorrow. 

 

Source: NVIDIA

  • Fiberton

    Things not said is that they netted 451M after taxes ..Of which 233M after taxes was payment from Intel for the USE of IP. This contract ends in 2016. Which means 51% of their net income poofs into thin air. Remember to short the piss out of their stock as it will drop from 18 to 6 or 7 bucks in a few years. Also they have been buying up their own shares to pump up their earnings per share. Since the less shares in the wild means the higher your earnings per share goes on even revenue. Since their revenue was down by 27M and they bought a billion dollars of their own shares on a loan..they pumped their eps up as much as they could and then some to compensate. They have said they will continue the buy back.yea..I hope you do not own their stock Elric. Most people do not dig deep into financials. It is why the average investor loses most of their money. You can put paint on the wall but if the house a made of shit..it still stinks. Nvidia is a ticking time bomb. When it explodes billions of dollars will disappear in a blink of an eye.

    • Elijah Daugherty

      0 sources and a lot of predictions.
      There isn’t a single source that found saying that nvidia buys their own shares.
      I have however, heard their deal with intel, and i don’t understand what you mean by “IP”. Would that be internet protocol? You also capatalized “USE” as if it were an acronym. Is it?
      Intel doesn’t desire nvidia making chipsets for them; that isn’t 51% of their profit.
      I doubt “Nvidia is a ticking time bomb”.

      • Fiberton

        Intellectual property. Intel pays Nvidia 233M net after taxes each year to use technology covered in their patents. Intel is creating their own GPU core eventually but as of right now the GPU core on Intel CPUs uses Nvidia technology. On the Nvidia earnings call Nvidia said they had purchased 1B dollars of their own shares and will continue to buy more into this year.” After announcing an extension of its share repurchase authorization in late 2012, NVIDIA gave investors more clarity on its intentions last April. At that time, the company announced plans to return $1 billion to shareholders in that fiscal year through dividends and share repurchases.

        The bulk of this capital return program was completed through a $750 million accelerated share repurchase facilitated by Goldman Sachs (NYSE: GS ) . $887 million used to repurchase 62 million shares. In November, the company announced that it would return buy an aditional $1 billion in shares during the 2015 fiscal year, which began several weeks ago. This means they will purchase another billion in 2014 on top of the billion they just purchased into the end of the year. This week, NVIDIA will initiate a second accelerated share repurchase with Goldman Sachs, paying $500 million for more than 20 million shares. Barring a steep rise in NVIDIA’s share price, Goldman Sachs will deliver additional shares to the company when the ASR settles in July. ” For the future use of NVIDIA’s technology, Intel will pay NVIDIA an aggregate of $1.5 billion in licensing fees payable in five annual installments, beginning Jan. 18, 2011. ” Intel will have continued access to NVIDIA’s full range of patents. In return, NVIDIA will receive an aggregate of $1.5 billion in licensing fees, to be paid in annual installments, and retain use of Intel’s patents, consistent with its existing six-year agreement with Intel. This excludes Intel’s proprietary processors, flash memory and certain chipsets for the Intel platform. ” The balance of the licensing fees will be accounted for on a straight-line basis over the six-year term of the agreement. This statement is in 2011 ” Accordingly it is anticipated that this would amount annually to approximately $233 million of operating income and an increase in net income of $0.29 per diluted share, on a full year basis. ” Their income is now down to 451M a year which 233M which is the net of the 250 per year after taxes.. is roughly 51% of their income. That 29 cents has risen to almost 38.25 cents as they have bought so many of their own shares. They are down to 75eps a year. Which means less shares and earnings per share go way way up. I trade for a living. You should not speak if you are ignorant of the subject. When their stock slides it will be like christmas for the bears :) Going to rain money