Nvidia Corporation (NASDAQ: NVDA) Reports A Strong Second Quarter for FY17 – Beats Analysts …

Nvidia Corporation (NASDAQ: NVDA) has reported a non-GAAP EPS of 53 cents, easily beating out analysts’ expectation of 37 cents per share. With a beat of 16 cents, the chip manufacturer has reported an impressive quarter and is continuing its streak. Analysts expected Nvidia to report revenues of 1.35 Billion, which the company was able to beat by a handy $80 Million for a total reported second quarter revenue of $1.428 Billion. Stock image of Nvidia’s GTX 1060 Graphics Card which will compete with AMD’s RX 480. During the first half of fiscal 2017, Nvidia spent $509 million in share repurchases and $124 million in cash dividends. Nvidia will pay its next quarterly cash dividend of $0.115 per share on September 16, 2016, to all shareholders of record on August 25, 2016.…


Link to Full Article: Nvidia Corporation (NASDAQ: NVDA) Reports A Strong Second Quarter for FY17 – Beats Analysts …