Nvidia takes $127m stock-option probe charge

DJ_PAPA

DJ_PAPA

Power Member
Won't affect operating results, apparently

Nvidia has said it will take a $127m non-cash hit as a result of the past stock-option irregularities the company earlier this year announced it had discovered. This month the graphics chip maker said the impact could be as much as $150m.

The company also restated its FY2006 financial results and those of the first two quarters of FY2007 - Q2 FY2007 ended on 30 July 2006 - but re-iterated its earlier claim that the changes would have no material impact on its operating results.

Nvidia said it would continue to co-operate with a US Securities and Exchange Commission enquiry into the matter. The company began its own investigation in August this year. It's not the only one: quite a few tech companies - Apple, CA, Rambus, McAfee, Cnet and others - have all launched similar investigations, some of which have see senior executives fall from grace and out of their jobs.

The issue centres on back-dating stock options to times when the share price was lower than at the time of the award - essentially allowing staff to claim more shares than they might otherwise be able to take. Deemed unfair to shareholders, the practice was effectively outlawed by the US' Sarbanes-Oxley corporate governance legislation. ®
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http://www.channelregister.co.uk/2006/11/30/nvidia_stock_probe_charge/
 
O problema não é gostar, um artigo sobre stock-options e ilegalidades devia estar no 'geral'. Aqui está claramente fora de contexto, mesmo sendo sobre a nVidia.
 
As palavras-chave são "non-cash hit".
Não há multas a pagar em dinheiro, apenas recebe do NASDAQ um ligeiro decréscimo temporário de alguns cêntimos no preço das acções.
Apesar disso, todos os analistas continuam a recomendar a compra das mesmas, que continuam a subir.
No Q3 deste ano os lucros bateram novo recorde.
105 Milhões, depois de impostos e despesas.
 
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