View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 12, 1997updated 03 Sep 2016 7:45pm


By CBR Staff Writer

Diamond Multimedia Systems Inc is attributing its shabby third quarter results to a transition period, and has warned the fourth quarter is not going to be much better. The San Jose, California- based company says it is in the process of getting rid of older technology and products that have recently witnessed pricing pressures, moving to the implementation of newer products and technology, based on a new architecture. The company warned shortly before reporting its interim results that the second quarter would see a lackluster performance (CI No 3,179). However, Diamond Multimedia seems to think the swap over will be complete at some point in the fourth quarter and believes next year’s results will be far more positive. The company says it is about to embark on a notoriously busy season and is confident that its new products will stand in good stead. Demand for new modem and graphics products apparently led to a 74% increase in revenue from the second to third period.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address 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.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.