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NVIDIA Reports Record Results For Third Quarter Of Fiscal 2008
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Posted by Donster on: 2007-11-09 14:46:23 481
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NVIDIA Corporation today reported financial results for the third quarter of fiscal 2008 ended October 28, 2007.
For the third quarter of fiscal 2008, revenue increased to a record $1.12 billion compared to $820.6 million for the third quarter of fiscal 2007, an increase of 36 percent. Net income computed in accordance with U.S. generally accepted accounting principles (GAAP) for the third quarter of fiscal 2008 was a record $235.7 million, or $0.38 per diluted share, an increase of 121 percent compared to the third quarter of fiscal 2007. GAAP gross margin improved by 550 basis points from a year ago to a record 46.2 percent.
PRESS RELEASE
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News Source: Email
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