trending Market Intelligence /marketintelligence/en/news-insights/trending/hkximex7zpccklvwjkmiva2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Nvidia quarterly profit surges on strong gaming revenue

[Interactive Chart] Understanding the Shift in Trade Credit for Small-Medium Enterprises (SMEs)

Climate Related Considerations In The Metals And Mining Sector

Mining Insights Newsletter June 2020

Pandemic to propel rise of mobile payments in India's 781B point of sale market


Nvidia quarterly profit surges on strong gaming revenue

NVIDIA Corp. said it posted record earnings and revenue in the first quarter of its fiscal 2019.

Net income for the quarter that ended April 29 came in at $1.24 billion, or $1.98 per diluted share, up from $507 million, or 79 cents per diluted share, in the same period last year.

On a non-GAAP basis, diluted EPS was a record $2.05, up from 85 cents. S&P Capital IQ's consensus normalized EPS estimate was $1.66.

Consolidated revenue rose 66% to a record $3.21 billion for the quarter from $1.94 billion. Nvidia's gaming business drove the gain, posting revenue of $1.72 billion, up 68% from a year earlier.

Datacenter revenue surged 71% to $701 million, while professional visualization revenue rose 22% to $251 million. The automotive business generated $145 million, up 4% from a year ago.

Income from operations for the quarter jumped by 134% to $1.30 billion from $554 million.

Nvidia said it expects its second-fiscal-quarter revenue to come in at $3.10 billion, plus or minus 2%.

The visual computing company said it returned about $746 million to shareholders in the first quarter, comprising $655 million in stock buybacks and $91 million in dividends. Nvidia plans quarterly cash dividends and share repurchases totaling $1.25 billion for fiscal 2019.