NVIDIA Corp (NVDA): SANTA CLARA, CA--(Marketwire -08/09/12)-...

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Thursday, 08/09/2012 4:22:46 PM

Thursday, August 09, 2012 4:22:46 PM

SANTA CLARA, CA--(Marketwire -08/09/12)- NVIDIA (NVDA)

•Revenue of $1.04 billion.
•GAAP net income was $119.0 million, or $0.19 per diluted share. Non-GAAP net income was $170.4 million, or $0.27 per diluted share.
•GAAP gross margin was 51.8 percent. Non-GAAP gross margin was 52.0 percent.

NVIDIA (NVDA) today reported revenue of $1.04 billion for the second quarter of fiscal 2013 ended July 29, 2012.

"Our investments in mobile computing and visual computing are both paying off," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "Tegra has achieved record sales as tablets come into their own. Our GPU business made strong gains in a weak market, boosted by our breakthrough Kepler architecture. Looking ahead, we're optimistic, as our investments position us right at the center of the fastest growing segments of computing.
http://finance.yahoo.com/news/nvidia-reports-financial-results-second-202000547.html