RBC Capital Upgrades NVIDIA (NVDA) to Outperform Following Blowout Quarter

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Go back to RBC Capital Upgrades NVIDIA (NVDA) to Outperform Following Blowout Quarter

NVIDIA Announces Financial Results for Second Quarter Fiscal 2017

August 11, 2016 4:20 PM EDT

SANTA CLARA, CA -- (Marketwired) -- 08/11/16 -- NVIDIA (NASDAQ: NVDA)

Record revenue of $1.43 billion, up 24 percent from a year ago -- growth across all platforms GAAP EPS of $0.40. Non-GAAP EPS of $0.53, up 56 percent from a year ago Strong launch of Pascal-based GPUs, growing demand for deep learning

NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 31, 2016, of $1.43 billion, up 24 percent from $1.15 billion a year earlier, and up 9 percent from $1.30 billion in the previous quarter.

GAAP earnings per... More