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NVIDIA revenue increased by half to two billion US dollars


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NVIDIA revenue increased by half to two billion US dollars


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POSTER: computer news   ||   NVIDIA REVENUE INCREASED BY HALF TO TWO BILLION US DOLLARS

DATE:2016-11-11

Accordint to  NVIDIA statementsanalysis for the third quarter of fiscal year 2017 (corresponding to the period from August to October 2016 calendar year),  the company has established three records at once: the size of the quarterly revenue, the rate of profit and revenue.  NVIDIA just the third quarter raised $ 2 billion -. For the first time in its history, and in the annual comparison sales increased by 54%, and quarterly - by 40%.

Gaming solutions formed 62,2% NVIDIA revenue in the third quarter.  In this area of activity growth in revenue was decisive - by 63% YoY and 59% quarterly, while progress in other areas was more pronounced in relative terms.  For example, revenue from sales of data center products increased by almost three times.

If we consider the structure of revenues in the product cut, then the implementation of NVIDIA GPUs has brought nearly $ 1.7 billion. This is 53% higher than a year earlier and 42% more revenues in the previous quarter.  From the implementation of NVIDIA GPUs receives 84.6% of total revenues.  Of course, not all graphics processors used in gaming graphics cards, but this proportion allows us to understand that even the increase in revenue from sales of Tegra processor by 87% over the year does not display indicators of revenue in this area for $ 241 ppm By the way, in the automotive sector revenue NVIDIA increased 61%, to $ 127 million.

NVIDIA representatives in store comments and the reasons for revenue growth.  CEO, explained that the generation of Pascal products currently available "full range", they are very popular in the gaming segment, virtual reality, automobile autopilot and calculations using artificial intelligence technologies.  The text of the press release CEO chose to focus on progress in the promotion of artificial intelligence and the creation of training systems.  Apparently, this is due to the achievement of record revenues in the direction of products for data centers.

The GeForce generation Pascal enjoyed good demand, explains the company's CFO.  This is observed in all regional markets and in all price ranges - from 1050 to GeForce GTX Titan X. Well advanced NVIDIA solutions for gaming laptops.  Pascal architecture, according to NVIDIA representatives, it is not only the greatest breakthrough in the level of innovation, but also the most commercially successful product of the company over the past ten years.

NVIDIA rate of profit rose to a record 59.2%.  .  The operating profit of the company in the annual comparison increased by 130-161%, depending on the measurement method.  Operating costs with increased by only 11%.  Net income increased 124% to $ 570 million.

In the current quarter, NVIDIA expects to gain at least $ 2.1 billion., While maintaining profit margins at the level of 59%.  After the prepared speech CFO on a quarterly reporting the conference floor was taken by the company's founder, and which was to answer the questions of those present at the event to analysts.  


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Related news:

NVIDIA is among the top three out-of-the-box developers of microchips in terms of revenue (2017-08-17)
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Miners could raise the revenue of AMD and NVIDIA by up to 875 million (2017-07-18)
In this quarter, the share of TSMC revenue from 10-nm products will increase dramatically (2017-07-15)
Micron managed to significantly increase revenue from the implementation of memory for graphics solutions (2017-06-30)
Once again we remember what factors push NVIDIAs revenue up (2017-05-24)
The revenue of NVIDIA has been steadily growing over the past eight years (2017-05-12)
NVIDIAs revenue from the implementation of gaming solutions grew by one and a half times (2017-05-10)
Infineons revenue increased by 10 percents amid strong demand for auto components (2017-05-09)
Apples revenue from iPhone sales has not increased significantly (2017-05-03)
regions with a high increase in Apple revenue (2017-05-03)
Ryzen Processors helped raise AMDs revenue by 18 percents (2017-05-02)
Sony reduced annual revenue and profit, but a year later promises to recoup (2017-04-30)
Last year, AMD received 78 percents of revenue outside the US (2017-04-30)
Solid-State memory will give Intel more and more revenue (2017-04-28)
Micron increased revenue and profits (2017-03-26)
Thanks to Overwatch holding Activision Blizzard received a record revenue last year (2017-02-13)
Last quarter, Apple sold 78.3 million iPhone and received a record revenue (2017-02-01)
Microsofts revenue in the direction of mobile phones decreased by 81 percents (2017-01-30)

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