NVIDIA’s FY 2017/18 net income up 83% y/y on strong revenue growth
Company's sales in 'Auto' market increase 15% y/y
NVIDIA’s net income increased 83% year-over-year (y/y) to USD3.05 billion in the financial year ended on 28 January 2018 (FY 2017/18), the company said in a press release on 8 February. The US-based company recorded strong growth in net income as its full year revenue increased 41% y/y to USD9.71 billion. Higher revenue helped NVIDIA report 66% y/y growth in operating income to USD3.21 billion.
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