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Nvidia Result 8/02/2018

Nvidia reported its financial results for the fourth quarter and full year, 2018. Revenue for the quarter was $2.91 billion, up 34% from $2.17 billion reported in Q4 of 2017. Net income was $1.12 billion, compared to $655 million reported in Q4 of 2017. During the fourth quarter the gaming business achieved good progress.

For the fiscal year 2018, revenue was $9.71 billion, up 41% from $6.91 billion reported in 2017. Net income was $3.05 billion, compared to $1.67 billion in 2017. Nvidia said that the company showed record revenue performance in this quarter and fiscal year.