Nvidia delivers its Q1 FY 2018 financials
 

Jen-Hsun not worried about AMD Vega

Nvidia has announced its financial report for the first quarter of 2018 fiscal year, reporting revenue of US $1.94 billion, which is a 48 percent increase, as well as an increase in both operating and net income.

Nvidia has once again managed to beat expectations and report an impressive financial report for its last quarter, with US $1.94 billion in revenue, up by 48 percent compared to the last year and down by 11 percent compared to the previous quarter. The gross margin was at 59.4 percent, up by 1.9 percent compared to the last year and down by .6 percent compared to the last quarter. It also reported an operating income of US $554 million, up by 126 percent compared to the last year and net income of US $507 million, up by impressive 126 percent compared to the last year.

The EPS (earnings per share) ended up at $0.79, which is also up by 126 percent compared to the last year when it hit $0.35.

http://fudzilla.com/news/43622-nvidi...018-financials