Sunday, August 31, 2014

News::Nvidia's Q2'15 Earnings Growth Driven By PC Gaming, Data Center And Tegra Processors

Driven by continued strength in the three growth areas of PC gaming (GeForce GPUs), datacenter and cloud (Tesla and GRID) and Tegra processors, Nvidia posted strong growth in Q2 2015. At $1.1 billion, revenues increased 13% year on year, in line with company guidance. The company reported a record gross margin of 56.1% (up 130 basis points sequentially) in the quarter on account of its strength in high margin businesses of PC gaming GPUs, and datacenter and cloud platforms. Prudent fiscal management improved Nvidias net income by 33% year to year.



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