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Nvidia once again in the green for its latest fiscal quarter

Nvidia once again in the green for its latest fiscal quarter
Nvidia once again in the green for its latest fiscal quarter
The company made nearly two billion USD in sales through the last quarter alone, up almost 50 percent from the same time last year.

Nvidia stock has been bullish these past few months due to the company's wave of recent successes. With the exception of Nvidia's OEM and IP arms, the GPU maker has reported healthy growth numbers across all of its other divisions for its Q1 FY2018 period ending April 30, 2017. Year-over-year sales have increased significantly by 48 percent from 1.305 billion USD in Q1 FY2017 to 1.937 billion USD.

Net profit is even more impressive at 507 million USD compared to 208 million USD during the same period last year for an increase of 144 percent. Revenue from Tegra SoCs more than doubled from 160 million USD to 332 million USD likely due to the company's involvement with the recently released Nintendo Switch console.

Nvidia's gaming segment, of course, continues to be the bread and butter of the company. Revenue is up from 687 million USD in Q1 FY2017 to 1.027 billion USD as of Q1 FY2018. Revenue from the company's data center business almost tripled to 409 million USD.

Lastly, revenue from the company's fledging automotive segment has risen 24 percent from 113 million USD to 140 million USD while its OEM and licensing business declined by about 10 percent to 156 million USD.

Nvidia recently detailed its upcoming Volta series of GPUs with 21 billion transistors and over 5000 cores to stir up hype for what to expect next after Pascal.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2017 05 > Nvidia once again in the green for its latest fiscal quarter
Allen Ngo, 2017-05-11 (Update: 2017-05-11)
Allen Ngo
Allen Ngo - US Editor in Chief
After graduating with a B.S. in environmental hydrodynamics from the University of California, I studied reactor physics to become licensed by the U.S. NRC to operate nuclear reactors. There's a striking level of appreciation you gain for everyday consumer electronics after working with modern nuclear reactivity systems astonishingly powered by computers from the 80s. When I'm not managing day-to-day activities and US review articles on Notebookcheck, you can catch me following the eSports scene and the latest gaming news.