NVIDIA's Quarterly Earnings Beat Estimates, With Growth in All Major Business Segments Fox Business
Last week, NVIDIA released its first-quarter fiscal 2017 report, which included some impressive results. The graphics-processor maker posted Q1 revenue of 1.3 billion, an increase of 13% year over year, and non-GAAP earning per share were up 39% from the year-ago quarter to 0.46. Wall Street analysts had been expecting revenue of around 1.26 billion and EPS of 0.41. NVIDIA co-founder and CEO Jen-Hsun Huang said the revenue and earnings growth were spurred on by all of the key segments of its business. "We are enjoying growth in all of our platforms -- gaming, professional visualization, datacenter and auto," Huang said in a press release.
May-17-2016, 00:54:14 GMT
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