Original URL: http://www.reghardware.co.uk/2005/12/22/ati_results_q1_06/
ATI returned to profitability during the three months to 30 November 2005, the first quarter of the graphics company's 2006 fiscal year.
Sales for the period totalled $591m, making Q1 FY2006 ATI's second-best quarter in the last three years - it reported record revenues of $613.9m this time last year, 3.9 per cent higher than the most recent quarter's total. Sales were up 26 per cent sequentially.
In the previous quarter, ATI lost $11.2m according to GAAP rules, $29m on a non-GAAP basis. This time the figures were, respectively, profit of $7.6m (three cents a share) and $26.8m (ten cents a share). A year ago, ATI reported a GAAP net income of $63.7m (25 cents a share), and $71.4m (28 cents a share) on a non-GAAP basis.
Gross margins rebounded to 28.7 per cent, well up on the previous quarter's nine per cent, the result of a big Q4 FY2005 inventory write-down.
For Q2 FY2006, ATI said it's expecting sales to rise 8-12 per cent, making roughly $638-662m, thanks to increasing chipset sales - a further effect (http://www.theregister.co.uk/2005/12/02/chipset_market_stats_2005/) of Intel's inability to produce enough of its own chipset products, we'd say. The downside of a greater proportion of chipset sales is a reduction in gross margin, ATI warned, although it's only a single percentage point decline.
ATI was keen to stress that its products extend beyond the PC market. It said it shipped 21m chips for handheld devices - roughly half the number it shipped in the whole of FY2005. It has also shipped to date a total of 10m chips for HD TVs, the company added. ®
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http://www.reghardware.co.uk/2006/02/03/jon_peddie_desktop_graphics_q4_05/
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http://www.reghardware.co.uk/2006/02/03/sia_world_chip_sales_05/
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http://www.channelregister.co.uk/2006/02/01/chip_asps_down/
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http://www.channelregister.co.uk/2006/01/31/ati_licenses_hdmi_tech/
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http://www.reghardware.co.uk/2006/01/24/ati_radeon_x1900/
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http://www.reghardware.co.uk/2006/01/23/ati_x1900_xtx_japan/
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http://www.reghardware.co.uk/2006/01/20/ati_r580_benchmarked/
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http://www.reghardware.co.uk/2006/01/10/ati_radeon_xpress_hdmi/
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http://www.reghardware.co.uk/2005/12/23/ati_schedules_r580_launch/
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http://www.reghardware.co.uk/2005/12/21/unified_display_interface/
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http://www.reghardware.co.uk/2005/12/20/club_3d_x1600_xt/
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http://www.reghardware.co.uk/2005/12/15/amd_yamato_centrino/
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http://www.reghardware.co.uk/2005/12/14/nvidia_buys_uli/
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http://www.reghardware.co.uk/2005/12/06/ati_unveils_mobility_radeon_x1600/
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http://www.reghardware.co.uk/2005/12/02/chipset_market_stats_2005/
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http://www.reghardware.co.uk/2005/12/02/nvidia_ati_2005_sales/
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http://www.reghardware.co.uk/2005/11/24/ati_approves_x1800xt_overclocking/