OCZ SSD revenue soared more than four times as much as the only pillar

OCZ SSD revenue soared more than four times After gradually abandoning other services such as memory, SSDs have become the most solid pillar of OCZ. According to the latest financial report, OCZ's revenue on SSDs has more than quadrupled, accounting for almost all of the total revenue.

As of May 31, OCZ recorded a record $73.8 million in revenue in the first quarter of fiscal 2012, an increase of 115% from the previous year and an increase of 14% from the previous quarter. Of this, revenue from solid-state drives was $69.1 million, which accounted for 93.6% of total revenue.

Just a year ago, SSDs contributed only 13.3 million U.S. dollars to OCZ, and only 20.5% of the total revenue. In only four quarters, OCZ has completed a complete transformation.

However, high income does not mean high profits. OCZ lost a total of 9.1 million U.S. dollars in the last quarter, at a price of 0.20 U.S. dollars.

OCZ expects its annual revenue for fiscal year 2010 to reach US$310-345 million, an increase of 65-80% year-on-year.

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