Nvidia quarterly revenue reached a record value of 1.43 billion, the net profit for the year increased by 873%

This week Nvidia has completed the publication of the next quarterly report. On the calendar of the manufacturer on 31 July 2016 ended the second quarter of 2017 financial year.

During the reporting period, the company managed to record revenue of 1.43 billion, which is 24% higher than a year ago. In comparison with the preceding quarter revenue increased by 9%. The manufacturer said that growth was recorded in all segments.

Nvidia operating profit, calculated in accordance with GAAP, in the second quarter of 2017 financial year amounted to 317 million dollars. Compared with the previous quarter, equal to USD 245 million, it increased by 29% compared to last year’s figure of 76 million $ 317%.

Net profit (RAS) Nvidia GAAP in the second quarter of 2017 financial year amounted to 253 million dollars. In the previous quarter it was equal to $ 196 million a year ago — $ 26 million. In other words, growth for the quarter is 29%, and the year — 873%.

To the most significant events of the reporting period, the manufacturer will include the release of graphical solutions on the architecture of Pascal, including the updated 3D-card Nvidia Titan X.

Source: Nvidia

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