NVIDIA Corporation Announces 137% Increase In Q4 Earnings

(RTTNews) - NVIDIA Corporation (NVDA) reported a profit for its fourth quarter that climbed from last year.

The company said its bottom line advanced to $704 million, or $1.13 per share. This was higher than $297 million, or $0.52 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 55.0% to $2.17 billion. This was up from $1.40 billion last year.

NVIDIA Corporation earnings at a glance:

-Earnings (Q4): $704 Mln. vs. $297 Mln. last year. -Earnings Growth (Y-o-Y): 137.0% -EPS (Q4): $1.13 vs. $0.52 last year. -EPS Growth (Y-o-Y): 117.3% -Revenue (Q4): $2.17 Bln vs. $1.40 Bln last year. -Revenue Change (Y-o-Y): 55.0%

-Guidance: Next quarter revenue guidance: $1.90 Bln