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NVIDIA Q1 profit jumps strongly to $1.244 billion

NVIDIA
NVIDIA   $1.98 per share

NVIDIA Corporation released earnings for its first quarter that advanced from last year.


The company's profit totaled $1244 million, or $1.98 per share. This compares with $507 million, or $0.79 per share, in last year's first quarter.

Excluding items, NVIDIA Corporation reported adjusted earnings of $1285 million or $2.05 per share for the period.

The company's revenue for the quarter rose 65.5% to $3.21 billion from $1.94 billion last year.

 

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