This afternoon NVIDIA introduced yet one more report quarter, with revenues of $2.91 billion, which is up 34% from a yr in the past. Gross margin was 61.9%, and working earnings was up 46% to $1.07 billion. Web earnings for the quarter was $1.12 billion, up 71% from a yr in the past, which offered diluted earnings per share of $1.78.

NVIDIA This autumn 2018 Monetary Outcomes (GAAP)
 This autumn'2018Q3'2018This autumn'2017Q/QY/Y
Income$2911M$2636M$2173M+10%+34%
Gross Margin61.9%59.5%60.zero%+2.four%+1.9%
Working Earnings$1073M$895M$733M+20%+46%
Web Earnings$1118M$838M$655M+33%+71%
EPS$1.78$1.33$zero.99+34%+80%

For his or her 2018 fiscal yr, NVIDIA racked up $9.71 billion in income, which is up 41% from a yr in the past. Earnings per share for the yr have been $four.82, up 88%.

NVIDIA has type of hit a magic candy spot, the place they’d been diversifying into rising markets, however have discovered themselves additionally swept up within the GPU fed craze of cryptocurrency, feeding their core enterprise as effectively.

Gaming, which is their GeForce lineup, had revenues for the quarter of $1.74 billion, up virtually $400 million from a yr in the past. However for your entire fiscal yr, they haven’t even refreshed their lineup, though the Pascal sequence of GPUs have actually been sturdy when it comes to efficiency and effectivity. However you’d be fortunate to seek out any in inventory due to the copious variety of GPUs bought for mining cash. It’s not been very best for players, however for NVIDIA’s R&D, and their buyers, it’s been welcome information.

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Skilled Visualization was additionally up about 13% to $254 million. Development right here was attributed to the ultra-high-end and high-end desktop workstations, such because the Quadro GP100 launched earlier within the fiscal yr.

NVIDIA’s foray into the datacenter can be paying off with substantial development. Datacenter consists of Tesla, GRID, and DGX programs, and for the quarter, NVIDIA noticed revenues of $606 million, that are up 105% from a yr in the past.

Automotive was up a extra modest three% to $132 million, and we’ve seen NVIDIA get some large design wins with massive automotive corporations with their DRIVE platforms.

Automotive is powered by Tegra, and together with the automotive gross sales, Tegra introduced in $450 million this quarter, and the highly regarded Nintendo Swap is probably going a pleasant chunk of that.

OEM and IP was $180 million for the quarter, which is up about 2.2%, and NVIDIA acknowledged their licensing settlement with Intel concluded within the first quarter of fiscal yr 2018.

NVIDIA Quarterly Income Comparability (GAAP)
($ in thousands and thousands)
In thousands and thousandsThis autumn'2018Q3'2018This autumn'2017Q/QY/Y
Gaming$1739$1561$1348+11%+29%
Skilled Visualization$254$239$225+6%+13%
Datacenter$606$501$296+21%+105%
Automotive$132$144$128-Eight%+three%
OEM & IP$180$191$176-6%+2%

For Q1 2019, NVIDIA is forecasting revenues of $2.9 billion, plus or minus 2%.

Supply: NVIDIA Investor Relations

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