US Technology Giant Nvidia Corporation reported a significant increase in revenue of 66 percent year over year, reaching a record $ 3.21 billion in the first quarter of fiscal year 2019, ending April 29, Dollar. 2018.
Silicon Valley's Silicon Valley GPUs increased first-quarter revenue by 10 percent from $ 2.91 billion, Xinhua said on Thursday
The Income Statement ( GAAP) per share reached a record $ 1.98 in the quarter, up 151 percent from $ 0.79 a year ago and up 11 percent from $ 1.78 in the previous quarter.
For the first quarter of fiscal year 2019, Nvidia returned $ 746 million to shareholders through a combination of $ 655 million in share repurchases and quarterly cash dividends of $ 91 million.
Nvidia Wants to Repay $ 1.25 Billion for Shareholders through Current Quarterly Dividends and Share Repurchases for Fiscal Year 2019 The GPU manufacturer increased revenue year-on-year by 68 percent to $ 1.72 billion in the first quarter. Recently, NVIDIA RTX, a computer graphics technology that produces cinematic-quality images in real time, has been introduced to consolidate its leadership position in gaming.
Nvidia also achieved good results in its data center service, with revenue growth of 71 percent from a year earlier, to a record $ 701 million for the first few months of 2018.
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