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UPDATE: NVIDIA (NVDA) Tops Q3 EPS by 4c

November 6, 2014 4:20 PM EST
(Updated - November 6, 2014 4:22 PM EST)

NVIDIA (NASDAQ: NVDA) reported Q3 EPS of $0.39, versus the analyst estimate of $0.35. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.2 billion.

"NVIDIA's focus on creating visual computing platforms for datacenter, mobile and PC drove record revenue this quarter," said Jen-Hsun Huang, president and chief executive officer of NVIDIA.

"Growth drivers have kicked in for us on several fronts. High-performance computing, virtualization and web service providers have created demand for our GPU-accelerated datacenter platforms. Automakers are using Tegra to help reinvent the driving experience. And our new Maxwell architecture is a giant leap forward that has triggered a major upgrade cycle by PC gamers."

Sees Q4 revs of $1.2 billion +/- 2% The Street is at $1.2 billion.

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



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