| Thread Tools |
13th August 2017, 13:17 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,618
| NVIDIA Announces Earnings Of $2.2 Billion For Q2 2018 NVIDIA announced its earnings this afternoon for the second quarter of their 2018 fiscal year (not a typo). As we’ve seen over the past several quarters, NVIDIA has been growing their business at a very brisk pace, and that growth was reflected in their earnings statement once again. For the second quarter, ending July 30, NVIDIA reported revenues of $2.23 billion, up 56% from a year ago. Gross margin was up half a percent as well to 58.4%. When revenue is up, and margins are up, it should perhaps not be a shock that operating income also jumped, in this case to $688 million, which is up 117% compared to Q2 2017. Net income was $583 million, up 123% year-over-year, and that resulted in earnings per share of $0.92, up 124% from the $0.41 a year ago. Sometimes these large jumps can be attributed to write-downs or other charges in the compared quarter, but in fact Q2 2017 was also a record for the company, after they took a write down charge for the Icera modem division two years ago. http://www.anandtech.com/show/11711/...on-for-q2-2018 |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Intel Announces Q2 FY 2017 Earnings: Record Quarter | Stefan Mileschin | WebNews | 0 | 31st July 2017 05:45 |
AMD Announces Q4 2016 Earnings | Stefan Mileschin | WebNews | 0 | 2nd February 2017 16:52 |
NVIDIA Announces Pricing of $1.3 Billion of Convertible Senior Notes | Stefan Mileschin | WebNews | 0 | 27th November 2013 07:41 |
Nvidia earnings down, but above expectations | Stefan Mileschin | WebNews | 0 | 12th August 2013 05:23 |
Google Q1 2013 earnings: $14 billion in revenue, $3.35 billion net income | Stefan Mileschin | WebNews | 0 | 19th April 2013 07:52 |
Microsoft Announces Quarterly Earnings Release Date | Stefan Mileschin | WebNews | 0 | 11th April 2013 06:59 |
Global Micro Servers Market Worth $26.55 Billion by 2018 | Stefan Mileschin | WebNews | 0 | 22nd January 2013 07:09 |
Power Line Communication Systems Market Worth $7 Billion by 2018 | Stefan Mileschin | WebNews | 0 | 19th December 2012 07:53 |
Intel reports Q2 earnings: rakes in $13.5 billion, pockets $2.8 billion | Stefan Mileschin | WebNews | 0 | 18th July 2012 08:13 |
Microsoft Announces Quarterly Earnings Release Date | Stefan Mileschin | WebNews | 0 | 5th July 2012 06:49 |
Thread Tools | |
| |