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NVIDIA pulls in Q1 profit of $136.5 billion

Posted on Tuesday, May 06 2014 @ 15:35:15 CEST by


NVIDIA logo
NVIDIA announced it pulled in a net profit of $136.5 million on revenue of $1.103 billion. The company's financial results are released earlier than expected due to an internal error that resulted in the leak of a preliminary draft of NVIDIA's earnings to about 100 people.
NVIDIA today reported revenue for the first quarter of fiscal 2015, ended April 27, 2014, of approximately $1.103 billion, up 16 percent from a year ago and down 4 percent from $1.144 billion in the previous quarter.

GAAP earnings per diluted share were $0.24, up 85 percent from $0.13 a year earlier, and down 4 percent from $0.25 in the previous quarter. Non-GAAP earnings per diluted share were $0.29, up 61 percent from $0.18 a year earlier, and down 9 percent from $0.32 in the previous quarter.

This press release is being issued because a preliminary draft of the company's financial results for the first quarter of fiscal 2015 was inadvertently emailed to an internal distribution list of about 100 individuals. Because of this error, these results are being provided to the market in advance of trading in NVIDIA stock today as a precaution.




 



 

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