Nvidia’s Q1’17 Earnings Preview: Gaming, Data Center & Automotive Segments Will Continue To …

Graphics processor manufacturer Nvidia (NASDAQ:NVDA) is set to announce its Q1 2017 earnings on May 12th. (Fiscal years end January 31st.) Despite the continued slowdown in PC sales, the company reported a strong fiscal 2016 with a 7% increase in revenue and a 19% growth in Non-GAAP earnings per share (EPS). Over the years, Nvidia has manged to lower its dependence on PCs by increasing its strength in gaming, professional visualization, datacenter and automotive offerings. The combined revenue of the four segments increased 26% year over year in fiscal 2016, and we expect continued growth momentum in these fast expanding markets to drive Nvidia’s future growth. Nvidia Is Confident Of Increasing Its Penetration In The Gaming Market – Nvidia’s gaming business has been growing at a >25% rate over the last two years. – Increasing…


Link to Full Article: Nvidia’s Q1’17 Earnings Preview: Gaming, Data Center & Automotive Segments Will Continue To …