Nvidia quarterly revenue for the year increased by 56% and reached a record value of 2.23 billion dollars
Those living in private temporary coordinates of Nvidia 30 July 2017 ended the second quarter of 2018 fiscal year. On this occasion, the manufacturer of graphics processors, has published a report.
The reporting period brought the company a record revenue of 2.23 billion dollars, which was 56% higher than the value of 1.43 billion U.S. dollars recorded a year ago. In comparison with the preceding quarter revenue increased by 15%.
During the quarter was obtained operating profit of 688 million dollars. In the previous quarter this indicator was equal to 554 million dollars a year ago to 317 million dollars. Thus, growth for the quarter is 24% and for the year — 117%.
Net profit amounted to 583 million dollars. Compared to the previous quarter, when this figure was equal to 507 million dollars, a growth of 24%, and in comparison with last year’s figure of 261 million $ 123%.
During the quarter, the shareholders have been returned to 758 million dollars in the form of purchases of shares and 166 million in the form of dividends.
As of quarter end assets Nvidia was estimated at 9.4 billion dollars, of which 5,877 billion were in cash and cash equivalents.