Graphics processor manufacturer Nvidia is set to announce its Q1 2017 earnings on May 12th. (Fiscal years end January 31st.) Despite the continued slowdown in PC sales, the company reported a strong fiscal 2016 with a 7% increase in revenue and a 19% growth in Non-GAAP earnings per share. Over the years, Nvidia has manged to lower its dependence on PCs by increasing its strength in gaming, professional visualization, datacenter and automotive offerings. The combined revenue of the four segments increased 26% year over year in fiscal 2016, and we expect continued growth momentum in these fast expanding markets to drive Nvidia’s future growth.

from Forbes – Tech http://ift.tt/1X0FgWK
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