NVIDIA Corporation Q1 Income Climbs 41%

(RTTNews) - NVIDIA Corporation (NVDA) released a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $263 million, or $0.46 per share. This was higher than $187 million, or $0.33 per share, in last year's first quarter.

The company said revenue for the quarter rose 13.9% to $1.31 billion. This was up from $1.15 billion last year.

NVIDIA Corporation earnings at a glance:

-Earnings (Q1): $263 Mln. vs. $187 Mln. last year. -Earnings Growth (Y-o-Y): 40.6% -EPS (Q1): $0.46 vs. $0.33 last year. -EPS Growth (Y-o-Y): 39.4% -Revenue (Q1): $1.31 Bln vs. $1.15 Bln last year. -Revenue Change (Y-o-Y): 13.9%

-Guidance: Next quarter revenue guidance: $1.35 Bln