NVIDIA's Stellar Performance: Record Revenue and Earnings in Q4 and Fiscal 2024
Exceptional Quarterly Performance
NVIDIA has announced its remarkable financial results for the fourth quarter and fiscal year 2024. The company achieved record quarterly revenue of $22.1 billion, representing a significant increase of 22% from the previous quarter and an impressive 26.5% growth compared to the same period last year.
Robust Earnings Growth
NVIDIA's net income surged to $12.3 billion in Q4, marking a substantial 33% jump from Q3 and a remarkable 76.9% increase year-over-year. This exceptional performance underscores the company's continued dominance in the rapidly evolving technology landscape.
Accelerated Revenue in Fourth Quarter
For the fourth quarter ended January 30, 2022, NVIDIA reported record revenue of $7.64 billion, a notable 53% growth compared to the corresponding period in 2021. This accelerated revenue stream further solidifies the company's leadership position in key technologies, such as artificial intelligence, machine learning, and data center solutions.
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