NVIDIA’s Quarterly Earnings Beat Estimates, With Growth in All Major Business Segments

Images source: NVIDIA.Last week, NVIDIA (NASDAQ:NVDA) released its first-quarter fiscal 2017 report, which included some impressive results. The graphics-processor maker posted Q1 revenue of $1.3 billion, an increase of 13% year over year, and non-GAAP earning per share were up 39% from the year-ago quarter to $0.46. Wall Street analysts had been expecting revenue of around $1.26 billion and EPS of $0.41. NVIDIA co-founder and CEO Jen-Hsun Huang said the revenue and earnings growth were spurred on by all of the key segments of its business.  “We are enjoying growth in all of our platforms — gaming, professional visualization, datacenter and auto,”  Huang said in a press release. “Accelerating our growth is deep learning, a new computing model that uses the GPU’s massive computing power to learn artificial intelligence algorithms.…


Link to Full Article: NVIDIA’s Quarterly Earnings Beat Estimates, With Growth in All Major Business Segments