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NVIDIA Announces FY 2016 Q1 Financial Results NVIDIA Announces FY 2016 Q1 Financial Results
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NVIDIA Announces FY 2016 Q1 Financial Results
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Old 11th May 2015, 09:46   #1
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Default NVIDIA Announces FY 2016 Q1 Financial Results

Today NVIDIA released their earnings for quarter one of their 2016 fiscal year (and no, that’s not a typo, NVIDIA is almost a full calendar year ahead with their fiscal year) and revenue was up for the quarter 4% over the same period last year, coming in at $1.151 billion. NVIDIA had a record quarter for gross margin, with 56.7% this quarter. However net income was down 2% to $134 million. Compared to Q4 2015, revenue was down 8% and net income was down 31% due to the seasonal nature of the GPU market. Earnings per share came in at $0.24, which is flat year-over-year.

http://www.anandtech.com/show/9243/n...ancial-results
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