NVIDIA Corp (NASDAQ: NVDA) reported Q2 EPS of $0.30, $0.10 better than the analyst estimate of $0.20. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.1 billion.

Record GAAP gross margin of 56.1 percent; record non-GAAP gross margin of 56.4 percent

NVIDIA Corp sees Q3 2014 revenue of about $1.18 - $1.22 billion, versus the consensus of $1.16 billion.

More for Q3:

• GAAP and non-GAAP gross margins are expected to be 55.2 percent and 55.5 percent, respectively, plus or minus 50 basis points.
• GAAP operating expenses are expected to be approximately $463 million; non-GAAP operating expenses are expected to be approximately $416 million.
• GAAP and non-GAAP tax rates for the third quarter and annual fiscal 2015 are both expected to be 19 percent, plus or minus one percentage point. This estimate excludes any discrete tax events that may occur during a quarter which, if realized, may increase or decrease NVIDIA's actual effective tax rates in such quarter.
• Capital expenditures are expected to be approximately $40 million to $50 million.

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