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November 18, 2021 10:15 am GMT

(PR) NVIDIA Announces Financial Results for Third Quarter Fiscal 2022

NVIDIA today reported record revenue for the third quarter ended October 31, 2021, of $7.10 billion, up 50 percent from a year earlier and up 9 percent from the previous quarter, with record revenue from the company's Gaming, Data Center and Professional Visualization market platforms. GAAP earnings per diluted share for the quarter were $0.97, up 83 percent from a year ago and up 3 percent from the previous quarter. Non-GAAP earnings per diluted share were $1.17, up 60 percent from a year ago and up 13 percent from the previous quarter.

"The third quarter was outstanding, with record revenue," said Jensen Huang, founder and CEO of NVIDIA. "Demand for NVIDIA AI is surging, driven by hyperscale and cloud scale-out, and broadening adoption by more than 25,000 companies. NVIDIA RTX has reinvented computer graphics with ray tracing and AI, and is the ideal upgrade for the large, growing market of gamers and creators, as well as designers and professionals building home workstations.

Original Link: https://www.techpowerup.com/289083/nvidia-announces-financial-results-for-third-quarter-fiscal-2022

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