Reuters logo
Nvidia's second-quarter revenue meets Wall Street's expectations
August 7, 2014 / 8:32 PM / 3 years ago

Nvidia's second-quarter revenue meets Wall Street's expectations

SAN FRANCISCO, Aug 7 (Reuters) - Nvidia on Thursday posted fiscal second-quarter revenue in line with Wall Street’s expectations, as the graphics chipmaker expanded its focus on cars and cloud computing.

The company reported second-quarter revenue of $1.10 billion, up 13 percent from the year-ago quarter. Analysts on average had expected second-quarter revenue of $1.10 billion, according to Thomson Reuters I/B/E/S.

Nvidia’s net income in the quarter ended July 27 was $128 million, or 22 cents a share, compared to $96 million, or 16 cents a share, in the year-ago quarter. Non-GAAP earnings per share were 30 cents. (Reporting by Noel Randewich; Editing by Paul Simao)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below