Nvidia enjoys enviable Q4 2016 and fiscal 2017 growth
by from Techreport on (#2C4EP)
Nvidia disclosed how much green it made during the fourth quarter of 2016 today, along with its whole-year results for its fiscal 2017. In the fourth quarter, the company's year-on-year revenue rocketed to $2.17 billion, a 55% year-on-year increase, and it made $733 million in operating income, up a gobsmacking 191% year-on-year. Gross margin was an impressive 60%, up 3.5% from this time last year.
Nvidia's GPU division took in the vast majority of the company's Q4 revenue with $1.85 billion of the total pie. That's a 57% year-on-year increase. Nvidia says the boost came from growth across all of its GPU segments, but it put forth its GeForce ...