NVIDIA (NASDAQ: NVDA) reported Q4 EPS of $1.13, $0.30 better than the analyst estimate of $0.83. Revenue for the quarter came in at $2.17 billion versus the consensus estimate of $2.11 billion.

• Record quarterly revenue of $2.17 billion, up 55 percent from a year ago
• Record full-year revenue of $6.91 billion, up 38 percent from a year ago
• Record quarterly GAAP gross margin at 60.0 percent, non-GAAP gross margin at 60.2 percent
• GPU computing platform continues to power gains across full product line

"We had a great finish to a record year, with continued strong growth across all our businesses," said Jen-Hsun Huang, founder and chief executive officer of NVIDIA. "Our GPU computing platform is enjoying rapid adoption in artificial intelligence, cloud computing, gaming, and autonomous vehicles.‎

"Deep learning on NVIDIA GPUs, a breakthrough approach to AI, is helping to tackle challenges such as self-driving cars, early cancer detection and weather prediction. We can now see that ‎GPU-based deep learning will revolutionize major industries, from consumer internet and transportation to health care and manufacturing. The era of AI is upon us," he said.

NVIDIA's outlook for the first quarter of fiscal 2018 is as follows:

• Revenue is expected to be $1.90 billion, plus or minus two percent.
• GAAP and non-GAAP gross margins are expected to be 59.5 percent and 59.7 percent, respectively, plus or minus 50 basis points.
• GAAP operating expenses are expected to be approximately $603 million. Non-GAAP operating expenses are expected to be approximately $520 million.
• GAAP other income and expense, net, is expected to be an expense of approximately $20 million, inclusive of additional charges from early conversions of convertible notes. Non-GAAP other income and expense, net, is expected to be an expense of approximately $4 million.
• GAAP and non-GAAP tax rates for the first quarter of fiscal 2018 are both expected to be 17 percent, plus or minus one percent, excluding any discrete items.
• Weighted average shares used in the GAAP and non-GAAP diluted EPS calculations are dependent on the weighted average stock price during the quarter.
• Capital expenditures are expected to be approximately $50 million to $60 million.

For earnings history and earnings-related data on NVIDIA (NVDA) click here.