Nvidia beats Wall Street expectations
updated 06:30 pm EST, Wed February 14, 2001
Nvidia Corporation today announced earnings of $31.1 million, or 38 cents per diluted share, compared to $14.6 million, or 19 cents per share, in the year earlier quarter; the announcement beat analyst expectations of 37 cents per share. Revenues in the quarter rose 70 percent to $218.2 million from $128.5 million a year ago. The company attributed the outpaced earnings to its entry into new product markets such as establishing itself as a chip provider for the GeForce2 MX graphics cards in Apple's new line of Power Mac G4s.
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nice
well time for me to invest