Computers

Another successful quarter for NVIDIA, thanks to GPU gaming

Published

9 months ago

Aug 11, 2017

NVIDIA announced yesterday its financial results for the fiscal second quarter of 2018, which includes the months of May, June and July 2017. Data, as evidenced in the last fiscal quarter, are definitely positive for l American company with a 56% growth in sales compared to the same period last year.

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We are talking about a total turnover of US $ 2.230 million, compared with 1.428 in the same period last year and 1.937 million in the first quarter of fiscal 2018 (15.1% growth over the last period). On the positive side, the gross operating margin also stood at 58.4% in the quarter against a figure of 57.8% over the same period last year.

Operating profit for the period amounted to 688 million dollars, up 117% from last year and slightly less than 25%, referring to the first quarter of the fiscal year 2018. Similar dynamics for profit Net of $ 583 million compared with $ 507 million in the previous quarter and € 261 million 12 months earlier.

Quarterly results of NVIDIA, which is a major part of its success at the Gaming Division, has been able to generate about half of the company’s total revenue and record a growth in sales volume of just under 52% On an annual basis. Strong growth for the Datacenter Division, responsible for solutions for parallel computing and artificial intelligence: in this case, the increase in sales compared to the previous year was 175%, with total sales reaching 416 Millions of dollars.

Positive for Professional Virtualization, NVIDIA products for graphics workstations. In this case, we see a more linear increase in sales, + 9.8% compared to the same period of the fiscal year 2017. Good also for the Automotive division, with which NVIDIA proposes its solutions to the automotive world: in This case growth was 19.3% over the same period last year. To close the OEM and IP segment, in which NVIDIA had a major leap forward with a 54% increase in sales compared to 12 months ago.

An important quarter is that of NVIDIA, which exceeds $ 2 billion in turnover, reaching values that until a few years ago seemed far out of reach. At this point, it will be interesting to evaluate data for the next 2 fiscal quarters to understand how NVIDIA will be able to support the increase in sales recorded over the last quarters.