Nvidia quarterly revenue for the year increased by 54% and reached the record level of USD 2.0 billion

Nvidia has published a report for the next quarter. On her calendar October 30 ended the third quarter of 2017 financial year.

Income for the reporting period amounted to USD 2.0 billion. The drafters of the report note that this is a record value. It is 54% more compared to income of $ 1.3 billion received in the third quarter 20176 financial year. Compared to the previous quarter, when the revenue of 1.43 billion, the growth is 40%.

Operating profit for the year increased by 161% — from 245 to 639 million dollars. Net profit before payment of dividends for the year increased by 120% — from 246 to 542 million dollars. Compared with the previous quarter growth in operating and net profit amounted to 102% and 108%, respectively.

Among the most important events of the last quarter the manufacturer has described the issue of 3D gaming card for desktop GeForce GTX 1050 Ti and GTX 1050, the mobile 3D-card GeForce GTX 1080, 1070 and 1060, as well as professional accelerators Tesla P4 and P40.

Source: Nvidia



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