ATI reports record quarterly results
ATI Technologies today announced its second consecutive record financial results for the first quarter of fiscal 2005. Quarterly revenues grew 30.7% to US$613.9 million from $469.7 million in the first quarter of fiscal 2004, which ATI says is a result of sales increases in both the personal computer and digital consumer product lines. Gross margin percentage was 34.2% and ATI’s cash position increased $71.7 million during the quarter to $620.6 million at November 30, 2004.
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