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All issuesVolume 308, Issue 4IT Vendor NewsNVIDIA

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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