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NVIDIA Reports Financial Results for Fourth Quarter and Fiscal Year 2011
SANTA CLARA, CA–(Marketwire – 02/16/11) – NVIDIA (NASDAQ: NVDA – News ) Revenue increased 5.0 percent to $886.4 million from the third quarter. We believe some analyst estimates may have recorded the Intel settlement as revenue, rather than as a credit to operating expenses, artificially raising revenue consensus. GAAP net income grew to $171.7 million, or $0.29 per diluted share, from the …
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