NVIDIA Q3 Profit Rises - Quick Facts

(RTTNews) - NVIDIA (NVDA) reported third-quarter net income of $172.97 million or $0.31 per share, compared to $118.73 million or $0.20 per share, prior year. Adjusted earnings per share was $0.39, for the quarter.

On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $0.29 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $1.23 billion from $1.05 billion last year. Analysts expected revenue of $1.20 billion for the quarter.

NVIDIA expects fourth-quarter revenue to be $1.20 billion, plus or minus two percent. Analysts expect the company to report fourth-quarter revenue of $1.20 billion.

NVIDIA will pay its next quarterly cash dividend of $0.085 per share on Dec. 15, 2014, to all shareholders of record on Nov. 21, 2014. NVIDIA expects that a portion of this dividend payment may be considered a return of capital for U.S. federal income tax purposes.