Nvidia enjoys healthy growth in its fiscal first quarter
by from Techreport on (#1DJHZ)
Nvidia has released its financial results for the first quarter of its fiscal 2017. The company posted quarterly revenue of $1.3 billion, a year-over-year gain of 13%, beating its projection of $1.26 billion for this quarter. Nvidia also made $245 million in operating income, a 39% improvement over the same quarter last year.
The company made most of its revenue from GPU sales , and most of that money came from the gaming market. GPU sales totaled $1.08 billion, up 15% year-over-year. The gaming segment accounted for $687 million of that revenue. Nvidia appears to have ...