Nvidia turned in more record results for Q3 of its fiscal 2018
by from Techreport on (#37H87)
Nvidia's financial results for the third quarter of its fiscal 2018 are in. The company reported another record quarter with $2.64 billion in GAAP revenue, up 32 percent from a year ago. The company made $895 million in operating income, up 40% year-on-year. Net income was $838 million, up 55% year-on-year. Earnings per share rose 60% year-on-year to $1.33. Gross margin was 59.5%, up half a percentage point from a year ago.
As one would expect, the company made the lion's share of its revenue-$2.22 billion-from its GPU businesses. Of that, GeForce gaming GPUs accounted for $1.56 billion, and the company says that adoption of ...