0
IT

Nvidia lifts dividend after record revenues in Q3

Friday 10 November 2017 | 11:51 CET | News
Nvidia reported record revenues for its third quarter to 29 October, with growth coming from all platforms as industries around the world accelerate their adoption of AI. As a result of the strong quarter, the company has raised its quarterly cash dividend by 7 percent to USD 0.15 per share and said it intends to return USD 1.25 billion to shareholders in fiscal 2019. Revenues rose 32 percent from the year before to USD 2.64 billion, with earnings per share rising 60 percent to USD 1.33.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Nvidia
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Nvidia revenues, profit surge ahead in record Q4

Published 09 Feb 2018 11:11 CET | World
Nvidia reported record revenues for the fourth quarter and full year, buoyed by companies around the world looking to incorporate ...

Nvidia, Taiwan to accelerate AI development

Published 27 Oct 2017 06:50 CET | Taiwan
Nvidia is collaborating with Taiwan's Ministry of Science and Technology (Most) to accelerate the development of artificial ...

Alibaba, Huawei join Nvidia's Metropolis AI smart cities platform

Published 26 Sep 2017 11:58 CET | World
Nvidia will be partnering with Alibaba and Huawei for its Metropolis AI smart cities platform, TechCrunch reported. Nvidia also ...

ARM appoints previous Nvidia, SanDisk exec to head server, networking ops

Published 14 Sep 2017 10:32 CET | World
ARM has appointed Drew Henry to lead its server and networking business. Henry previously worked at Nvidia, where he was GM for ...

Nvidia beats expectations with 56% growth in Q2 revenues

Published 11 Aug 2017 09:37 CET | World
Nvidia reported stronger-than-expected revenue growth in its fiscal second quarter to July, up 56 percent to USD 2.23 billion. ...





Calendar   /   Industry Events

25 Jul Fiber Connect
26 Jul Orange Belgium Q2 2021
26 Jul Logitech fiscal Q1
26 Jul Calix Q2
26 Jul F5 fiscal Q3
27 Jul Alphabet Q2
27 Jul AudioCodes Q2 2021
27 Jul SK Hynix Q2
27 Jul A10 Networks Q2
27 Jul Corning Q2
27 Jul MediaTek Q2 2021
27 Jul NortonLifeLock fiscal Q1
27 Jul Microsoft fiscal Q4
27 Jul TIM Brasil Q2 2021
27 Jul KPN Q2 2021
27 Jul Juniper Networks Q2 2021
27 Jul Telefonica Brasil Q2 2021
27 Jul TIM Q2 2021
28 Jul Spotify Q2 2021
28 Jul Cirrus Logic Q1
28 Jul Telefonica Deutschland Q2 2021
28 Jul Ribbon Communications Q2 2021
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Extreme Networks fiscal Q4
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
29 Jul Casa Systems Q2
29 Jul Citrix Systems Q2
::: More Calendar Items