NVIDIA (NVDA) Tops Q2 EPS by 10c, Offers Q3 Guidance

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NVIDIA Announces Financial Results for Second Quarter Fiscal 2020

August 15, 2019 4:20 PM EDT

SANTA CLARA, Calif., Aug. 15, 2019 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 28, 2019, of $2.58 billion compared with $3.12 billion a year earlier and $2.22 billion in the previous quarter.

GAAP earnings per diluted share for the quarter were $0.90, compared with $1.76 a year ago and $0.64 in the previous quarter. Non-GAAP earnings per diluted share were $1.24 compared with $1.94 a year earlier and $0.88 in the previous quarter.

We achieved sequential growth across our platforms, said Jensen Huang, founder and CEO of NVIDIA. Real-time ray tracing is the most important... More