Site icon MacTech.com

ATI sets new quarterly revenue record

ATI Technologies has announced its second consecutive record revenue quarter of US$572.2 million for the fourth quarter of fiscal 2004 that ended August 31. This is a 50.3 percent increase over the fourth quarter a year earlier. Gross margin declined 1.8 percentage points to 33.8 percent over the same period last year, which the company says is “a result of costs associated with the ramp of a number of new desktop products.” Net income per share was $0.24 for the quarter compared to $0.09 per share last year. ATI’s cash position increased $40.9 million during the quarter to $548.9 million as of August 31.

Exit mobile version