FX.co ★ NVIDIA Corporation Bottom Line Climbs In Q1

NVIDIA Corporation (NVDA) reported a significant increase in profit for the first quarter compared to the same period last year.

For this quarter, the company's net income amounted to $14.88 billion, or $5.98 per share, up from $2.04 billion, or $0.82 per share, in the previous year's first quarter.

On an adjusted basis, NVIDIA's earnings reached $15.24 billion, or $6.12 per share, for the period.

The company's revenue for the quarter saw a substantial increase of 262.2%, rising to $26.04 billion from $7.19 billion last year.

Key financials for NVIDIA Corporation (GAAP):

- Earnings (Q1): $14.88 billion vs. $2.04 billion last year.

- EPS (Q1): $5.98 vs. $0.82 last year.

- Revenue (Q1): $26.04 billion vs. $7.19 billion last year.