From GlobeNewswire:

NVIDIA reported record quarterly revenue of $22.1 billion, up 22% from the previous quarter and up 265% from a year ago. The company also reported a record full-year revenue of $60.9 billion, up 126%. CEO Jensen Huang noted that demand for NVIDIA’s Data Center platform, led by auto, financial services, and healthcare, has surged.

In the fourth quarter of fiscal 2024, NVIDIA’s GAAP earnings per diluted share was $4.93, up 33% from the previous quarter and up 765% from a year ago. The company’s non-GAAP earnings per diluted share was $5.16, up 28% from the previous quarter and up 486% from a year ago. For fiscal 2024, GAAP earnings per diluted share was $11.93, up 586% from a year ago.

NVIDIA’s outlook for the first quarter of fiscal 2025 includes an expected revenue of $24.0 billion, plus or minus 2%, with anticipated gross margins of 76.3% for GAAP and 77.0% for non-GAAP. The company has also made progress in areas such as Data Center, Gaming, Professional Visualization, and Automotive.

For detailed financial results, NVIDIA will conduct a conference call with analysts and investors today at 2 p.m. Pacific time. A live webcast of the conference call will be accessible at NVIDIA’s investor relations website. Non-GAAP measures have been used to supplement the company’s condensed consolidated financial statements presented in accordance with GAAP.



Read more: NVIDIA Announces Financial Results for Fourth Quarter and