Tencent Securities News reported in the early morning of August 11, Beijing time. According to CNBC reports, the chip giantNvidiaThe company's financial results for the second quarter of fiscal year 2018 were released after the US stock market closed on Thursday. The report shows that in the quarter ending July 30, Nvidia's revenue was US$2.23 billion, up 56% from US$1.43 billion in the same period last year, and up 15% compared to US$1.94 billion in the previous fiscal quarter; net profit was US$583 million, up 123% from US$261 million in the same period last year, and up 15% compared to US$507 million in the previous fiscal quarter.
Nvidia's second-quarter earnings per share were $0.92, up 124% from $0.41 in the same period last year and 16% compared to $0.79 in the previous fiscal quarter. Excluding certain one-time items (not in accordance with US GAAP), Nvidia's second-quarter adjusted earnings per share were $1.01, up 91% from $0.53 in the same period last year, and 19% up from $0.85 in the previous fiscal quarter.
Nvidia expects revenue of US$2.35 billion ± 2% for the third fiscal quarter, and the market forecast is US$2.13 billion.
Nvidia's stock price closed down 4.28% before the earnings report was released, and further plummeted by nearly 5% after the earnings report was released. (Nebula)