View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 14, 1997updated 05 Sep 2016 1:04pm

ATI RECORDS HIGHEST-EVER MARGINS WITH BUOYANT SALES

By CBR Staff Writer

Three dimensional graphics and multimedia specialist, ATI Technologies Inc has reported strong results for the nine months to May 31, following the release of several new products in the last quarter. ATI reported nine month net profits up 75.0% at $36.0m, while revenue for the three months grew 28.6% to $450.6m. The Toronto, Canada company launched its fourth generation 3D Rage Pro component and the new television-out chip, ImpacTV-2 that enables flicker-free display of television screens, in the third quarter. ATI believes it leads the way in Digital Video Disk technology and says it is preparing itself for the pre-Christmas sales period. President and chief operating officer K Y Ho is delighted with the company’s performance and says it achieved gross margins which surpassed historical levels, following continued progress with large Original Equipment Manufacturers.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU