How NVIDIA Corp. Crushed the Second Quarter

Image source: NVIDIA. NVIDIA (NASDAQ:NVDA) reported results for the second quarter of fiscal year 2017 on Thursday night, and its share prices rose as much as 6.1% in response. Here’s what you need to know. NVIDIA’s Q2 results: The raw numbers  Metric Q2 2016 Actuals Q2 2015 Actuals Growth (YOY) Revenue $1.43 billion $1.15 billion 24% Net income $253 million $26 million 873% GAAP earnings per share (diluted) $0.40 $0.05 700% Data source: NVIDIA. YOY = year over year. What happened with NVIDIA this quarter? NVIDIA launched new products on all four of its major platforms in the second quarter, from gaming and professional graphics to automotive and data center computing. This was done without breaking the bank with launch-inflated marketing budgets. Automotive sales rose 68% year over year, driven…

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