NVIDIA (NVDA) Raises Quarterly Dividend 21.7% to $0.14; Adds $2B to Stock Buyback Plan

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Go back to NVIDIA (NVDA) Raises Quarterly Dividend 21.7% to $0.14; Adds $2B to Stock Buyback Plan

NVIDIA Announces Financial Results for Third Quarter Fiscal 2017

November 10, 2016 4:20 PM EST

SANTA CLARA, CA -- (Marketwired) -- 11/10/16 -- NVIDIA (NASDAQ: NVDA)

Record revenue of $2.00 billion, up 54 percent from a year ago. Record GAAP EPS of $0.83, up 89 percent from a year ago, and non-GAAP EPS of $0.94, up 104 percent from a year ago. Record GAAP gross margin at 59.0 percent and non-GAAP gross margin at 59.2 percent. Quarterly cash dividend raised 22 percent to $0.14 per share. Company to return $1.25 billion to shareholders in fiscal 2018.

NVIDIA (NASDAQ: NVDA) today reported revenue for the third quarter ended October 30, 2016, of $2.00... More