Nvidia touts deep learning success in Q4 earnings win ZDNet

Graphics chipmaker Nvidia handily beat fourth quarter earnings targets Wednesday thanks to strong customer interest in its deep learning technology. The company reported a net income of 297 million, or 35 cents per share (statement). Non-GAAP earnings were 52 cents per share on a revenue of 1.4 billion, up 12 percent year-over-year. Wall Street was looking for earnings of 32 cents per share with 1.31 billion in revenue. For the year, Nvidia brought in 5.01 billion in revenue, a 7 percent increase from fiscal 2015, with earnings of 1.67 per share.