NVIDIA Reports Q1 FY17 Earnings, Revenue Up 13% Compared To Previous Year – Strong …

NVIDIA has announced their earnings for Q1 2016 (FY2017) of $1.305 Billion which is an increase of 13% from the previous year but a 7% decrease from the previous quarter. According to NVIDIA, their revenue grew 13% compared to the year 2015 (FY2016) in which the company reported a revenue of $1.15 Billion during the first quarter. All NVIDIA business segments had a big increase in revenue compared to last year. The GPU business was up 15% compared to FY16, Tegra business was up 10% compared to FY16. The GPU business reported a revenue of $1.07 Billion dollars ($940 US in Q1 FY16) while the Tegra business reported a revenue of 160 million dollars in the current quarter. “We are enjoying growth in all of our platforms — gaming, professional visualization,…


Link to Full Article: NVIDIA Reports Q1 FY17 Earnings, Revenue Up 13% Compared To Previous Year – Strong …