NVIDIA Announces Financial Results for Second Quarter Fiscal 2016

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NVIDIA today reported revenue for the second quarter ended July 26, 2015, of $1.153 billion, up 5 percent from $1.103 billion a year earlier, and up marginally from $1.151 billion the previous quarter. GAAP earnings per diluted share for the quarter were $0.05. This includes a charge of $0.19 per diluted share in connection with the company's decision to wind down its Icera® modem operations, after a viable buyer failed to emerge. It also includes a charge of $0.02 per diluted share related to the NVIDIA SHIELD™ tablet recall. Non-GAAP earnings per diluted share were $0.34, up 13 percent from $0.30 a year earlier, and up 3 percent from $0.33 in the previous quarter.
 
Another quarter, another billion. That Jensen guy knows how to make money
 
During the second quarter, NVIDIA paid $52 million in cash dividends and $400 million in share repurchases -- returning an aggregate of $452 million to shareholders. In the year's first half, the company returned an aggregate of $551 million to shareholders.

NVIDIA will pay its next quarterly cash dividend of $0.0975 per share on September 11, 2015, to all shareholders of record on August 20, 2015.
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Guess I should have bought some stock a long time ago.
 
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