Nvidia cancels bonus plans for CEO, other executives

08.04.2009

The company reported revenue of US$481.1 million during the fourth quarter of fiscal 2009, a 60 percent drop from its $1.2 billion revenue for the fourth quarter of 2008. The company also recorded a net loss of $147.7 million during the quarter, which ended on Jan. 25, compared with a net profit of $257 million in the first quarter of 2008.