NVIDIA Corporation Q1 Profit Climbs

(RTTNews) - NVIDIA Corporation (NVDA) released earnings for its first quarter that Increases, from the same period last year

The company's bottom line totaled $58.321 billion, or $2.39 per share. This compares with $18.775 billion, or $0.76 per share, last year.

Excluding items, NVIDIA Corporation reported adjusted earnings of $45.548 billion or $1.87 per share for the period.

The company's revenue for the period rose 85.2% to $81.615 billion from $44.062 billion last year.

NVIDIA Corporation earnings at a glance (GAAP) :

-Earnings: $58.321 Bln. vs. $18.775 Bln. last year. -EPS: $2.39 vs. $0.76 last year. -Revenue: $81.615 Bln vs. $44.062 Bln last year.

-Guidance: Next quarter revenue guidance: $ 89.18 B To $ 92.82 B