Nvidia’s Q2 Revenue at $456.1M

Nvidia executives reported the revenue for Q2 2005 as $456.1 million, compared to $459.8 million for the same period in 2004, when it released its earnings report today. Jen-Hsun Huang, CEO and president, and Chris Malachowsky, CFO, presented the company’s findings, citing a net income for the six months ended July 25 of $26.5 million. "Q2 was challenging and disappointing as the desktop GPU segment declined significantly as a result of several unusual market events," Huang said. Text of the full report is available online at Nvidia’s web site.