In the evening of November 9, Beijing time, according to foreign media MarketWatch reports, Nvida (Nvida) released today ’s third-quarter financial report as of October 29, showing that the company ’s profit for the quarter was 209.1 million US dollars (33 cents per share) , An increase of 17% year-on-year, mainly due to the strong market demand for NVIDIA equipment processors.
Nvidia ’s profit for the third quarter of last year was $ 178.3 million (29 cents per share). Excluding stock-based compensation, Nvidia ’s earnings per share rose to 39 cents. Earlier analysts had predicted a profit of 30 cents per share.
Revenue in the third fiscal quarter of this year increased by 13% to $ 1.2 billion. In August this year, NVIDIA made a positive forecast that the third quarter revenue was between US $ 1.15 billion and US $ 1.25 billion. Total operating expenses increased by 6.9% year-on-year, mainly due to research and development costs. Gross profit margin increased from 52.2% to 52.9.
For the current fourth quarter, Nvidia forecasts revenue of between US $ 1.03 billion and US $ 1.18 billion, which is lower than the Reuters analyst ’s forecast of US $ 1.21 billion.
Nvidia also stated that it pays shareholders a quarterly dividend of 7.5 cents, which increases the annual rate of return to approximately 2.4%. In addition, in return for shareholders, Nvidia also said it will extend its $ 2.7 billion share repurchase program until December 2014. Nvidia had previously warned that due to contract manufacturers' unsatisfactory demand for chips, the third quarter may be affected by supplier restrictions.
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