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All issues › Volume 308, Issue 4 › IT Vendor News › NVIDIA

NVIDIA Announces Financial Results For Third Quarter Fiscal 2024

NVIDIA News, Tuesday, November 21,2023

NVIDIA reported revenue for the third quarter ended October 29, 2023, of $18.12 billion, up 206% from a year ago and up 34% from the previous quarter.

GAAP earnings per diluted share for the quarter were $3.71, up more than 12x from a year ago and up 50% from the previous quarter. Non-GAAP earnings per diluted share were $4.02, up nearly 6x from a year ago and up 49% from the previous quarter.

'Our strong growth reflects the broad industry platform transition from general-purpose to accelerated computing and generative AI,' said Jensen Huang, founder and CEO of NVIDIA.

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