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NVIDIA Announces Financial Results for Third Quarter Fiscal 2020

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rjohnson11
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2019/11/14 22:25:11 (permalink)
https://finance.yahoo.com/news/nvidia-announces-financial-results-third-212000240.html
 
NVIDIA today reported revenue for the third quarter ended Oct. 27, 2019, of $3.01 billion compared with $3.18 billion a year earlier and $2.58 billion in the previous quarter. GAAP earnings per diluted share for the quarter were $1.45, compared with $1.97 a year ago and $0.90 in the previous quarter. Non-GAAP earnings per diluted share were $1.78, compared with $1.84 a year earlier and $1.24 in the previous quarter.

"Our gaming business and demand from hyperscale customers powered Q3's results," said Jensen Huang, founder and CEO of NVIDIA. "The realism of computer graphics is taking a giant leap forward with NVIDIA RTX. "This quarter, we have laid the foundation for where AI will ultimately make the greatest impact. We extended our reach beyond the cloud, to the edge, where GPU-accelerated 5G, AI and IoT will revolutionize the world's largest industries. We see strong data center growth ahead, driven by the rise of conversational AI and inference."
 
NVIDIA made more money than the last quarter but less than Q3 of last year. A very good strong quarter in my personal opinion. NVIDIA is predicting a slightly lower 4th quarter based upon slower demand of it's GPUs in mobile notebooks and laptops. 
 
 


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#1

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    aka_STEVE_b
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    Re: NVIDIA Announces Financial Results for Third Quarter Fiscal 2020 2019/11/15 06:03:27 (permalink)
    Rumors of their demise have been exaggerated I guess.?  
     
    I wish they would push more boundaries with Devs to optimize games for PC  better , instead of consoles.  Obviously people are still buying video cards from both sides for PC's ...so stop treating us like 2nd class citizens. 

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    #2
    Cool GTX
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    Re: NVIDIA Announces Financial Results for Third Quarter Fiscal 2020 2019/11/15 06:53:04 (permalink)
    Good results

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