ATI Making Money

ATI Technologies has announced earnings for its first fiscal quarter, which ended November 30, 1999, and numbers were up again. Adjusted net income for Q1 was up 5 percent to $54.5 million, compared with last year's Q1 net income of $52 million. Actual net for the quarter was $53.6 million, compared with Q1 99's $50.1 million.

The company cites strong demand for products based on its Rage 128 and Rage Mobility graphics chips as reasons for the Q1 financial increase.

"Once again we have delivered a strong start to a new year," said K.Y. Ho, ATI's president and CEO. "ATI approaches a bright future with growth prospects not only in our traditional PC business, but in new and burgeoning markets like consumer electronics appliances. We look forward to the year 2000 as these new markets continue to emerge."