It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
NVIDIA Announces Earnings Of $2.2 Billion For Q2 2018 NVIDIA Announces Earnings Of $2.2 Billion For Q2 2018
FAQ Members List Calendar Search Today's Posts Mark Forums Read


NVIDIA Announces Earnings Of $2.2 Billion For Q2 2018
Reply
 
Thread Tools
Old 13th August 2017, 13:17   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 109,605
Stefan Mileschin Freshly Registered
Default 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
Stefan Mileschin is offline   Reply With Quote
Reply


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

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 22:12.


Powered by vBulletin® - Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO