NVIDIA fourth-quarter revenue of 2.91 billion US dollars | Net profit up 71%

Set a micro-channel news, NVIDIA today announced the company's 2018 fiscal fourth-quarter and full-year earnings report shows that NVIDIA fourth-quarter revenue of 29.11 billion US dollars, with 2.173 billion US dollars a year earlier, an increase of 34 %; Net profit was 1.118 billion U.S. dollars, up 71% from 655 million U.S. dollars in the same period of last year.

NVIDIA fourth quarter results and the first quarter of fiscal year 2019 performance expectations are far above Wall Street analysts had expected, which pushed its share price rose more than 13%.

NVIDIA expects the company's revenue to reach 2,900 million U.S. dollars in the first quarter of fiscal year 2019, fluctuating 2%; with and without the GAAP gross margin expected to reach 62.7% and 63.0% respectively, up 50% Basis points; operating expenditures with and without GAAP are expected to reach US $ 770 million and US $ 645 million, respectively; other revenues and expenditures with and without GAAP are expected to be nominally; Tax rates in accordance with GAAP are expected to be 12%, up 1%.