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  NVIDIA Reports Record Revenues and Earnings for Third Quarter Fiscal 2002
Time: 02:50 EST/07:50 GMT | News Source: Press Release | Posted By: Julien Jay

NVIDIA® Corporation today reported record revenues and earnings for the third quarter of fiscal 2002 ended October 28, 2001. For the third quarter of fiscal 2002, revenues increased to $370.2 million, compared to $198.2 million for the third quarter of fiscal 2001, an increase of 87 percent. Pro forma operating income for the third quarter of fiscal 2002 was $66.1 million, compared to pro forma operating income of $36.6 million in the third quarter of fiscal 2001. Pro forma net income, which excludes the effects of acquisition related charges and amortization of goodwill and purchased intangible assets, for the third quarter of fiscal 2002 was $47.5 million, or $0.28 per diluted share, compared to pro forma net income of $28.1 million, or $0.17 per diluted share, for the third quarter of fiscal 2001. Actual net income for the third quarter of fiscal 2002 was $44.7 million, or $0.26 per diluted share, compared to actual net income of $28.1 million, or $0.17 per diluted share, for the third quarter of fiscal 2001.Revenue for the nine months ended October 28, 2001 was $871.4 million, an increase of 69 percent compared to revenue of $517.0 million for the nine months ended October 29, 2000.

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