ATI Technologies has announced record quarterly revenues of US$491.5 million for the third quarter of fiscal 2004 that ended May 31. This is a 38.2 percent increase over the third quarter a year earlier. Gross margin was up 2.7 percentage points to 35.3 percent over the same period last year. Net income per share was $0.19 for the quarter compared to $0.06 per share last year. ATI’s cash position increased $39.6 million during the quarter to $508.0 million as of May 31.