Nvidia announces Q3 financial results

SAN FRANCISCO, Nov. 20 (Xinhua) -- Nvidia on Wednesday reported revenue of 35.1 billion U.S. dollars for the third quarter ending Oct. 27, 2024, marking a 17-percent increase from the previous quarter and a 94-percent rise compared to the same period last year.

For the quarter, GAAP (generally accepted accounting principles) earnings per diluted share was 0.78 dollars, up 16 percent from the previous quarter and up 111 percent from a year ago. Non-GAAP earnings per diluted share was 0.81 dollars, up 19 percent from the previous quarter and up 103 percent from a year ago, the company said.