Nvidia sales in the second quarter of 2021 increased by 50% and net profit by 13% compared to the previous year

According to media reports, on Wednesday, August 20, NVIDIA announced a solid 2021 fiscal year ended July 26, second-quarter earnings report. According to the report, in the second quarter of the fiscal year, the company had revenues of $3.87 billion, up 50 percent year-over-year, and net income of $622 million, up 13 percent year-over-year.

Nvidia sales in the second quarter of 2021 increased by 50% and net profit by 13% compared to the previous year.

In the second financial quarter, the company generated revenues of $3.87 billion, with the data center business (including Mellanox), generated revenues of $1.75 billion, 167% more than last year, the gaming business generated revenues of $1.65 billion, 26% more than last year, the professional visualization business generated revenues of $203 million, 30% less than last year, and the automotive business generated revenues of $111 million compared to last year. decreased by 47%.

NVIDIA completed the acquisition of Mellanox on April 27, 2020, and Mellanox contributes 14% of the company’s revenues.

On a GAAP basis, the company’s net income for the second quarter of the fiscal year was $622 million, up 13% year-over-year, and diluted earnings per share were $0.99, up 10% year-over-year.

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On a non-GAAP basis, the Company’s second-quarter net income was $1.366 billion, up 79% year-over-year, and diluted earnings per share were $2.18, up 76% year-over-year.

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