For the quarter, generally accepted accounting principles (GAAP) earnings per diluted share were 4.93 dollars, up 33 percent from the previous quarter and up 765 percent from a year ago. Non-GAAP earnings per diluted share were 5.16 dollars, up 28 percent from the previous quarter and up 486 percent from a year ago.
For fiscal 2024, revenue was up 126 percent to 60.9 billion dollars. GAAP earnings per diluted share were 11.93 dollars, up 586 percent from a year ago. Non-GAAP earnings per diluted share were 12.96 dollars, up 288 percent from a year ago.
"Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations," said Jensen Huang, founder and CEO of Nvidia.
"Our Data Center platform is powered by increasingly diverse drivers -- demand for data processing, training and inference from large cloud-service providers and GPU-specialized ones, as well as from enterprise software and consumer internet companies. Vertical industries, led by auto, financial services and healthcare, are now at a multibillion-dollar level," he added.
"NVIDIA RTX, introduced less than six years ago, is now a massive PC platform for generative AI, enjoyed by 100 million gamers and creators. The year ahead will bring major new product cycles with exceptional innovations to help propel our industry forward," Huang noted.
NVIDIA will pay its next quarterly cash dividend of 0.04 dollars per share on March 27, to all shareholders of record on March 6.
Latest comments