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Administrator
Join Date: Nov 2002
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ATI reports revenues of $463 million for the second quarter
MARKHAM, ON/ Munich, Germany - March 31, 2004 - ATI Technologies Inc. (TSX: ATY, NASDAQ: ATYT) today announced its financial results for the second quarter of fiscal 2004, ended February 29, 2004. ATI reported revenues of $463.3 million, a 47.8% increase relative to the second quarter of fiscal 2003. Gross margin rose to 34.8% - almost six percentage points higher than the same quarter a year ago. Net income per share was $0.19 for the quarter compared to a loss of $0.04 per share last year. ATI's cash position increased $88.5 million during the quarter to $468.5 million as of February 29, 2004.
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#2 |
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Banned
Join Date: Mar 2004
Posts: 69
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Good for them!
I'm glad to see ATI doing better financially. They earned this boost in profit by making excellent cards with regularly updated drivers. I never thought I would say this but for now, ATI is clearly ahead of nVIDIA in every way!!
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