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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.

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Categories: IT
Companies: Nvidia
Countries: World
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