NVIDIA Announces Record-Breaking Financial Results for Q4 and Fiscal Year 2024

Exceptional Revenue Growth and Financial Performance

SANTA CLARA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- NVIDIA Corporation (NASDAQ: NVDA) announced exceptional financial results for the fourth quarter and fiscal year ending January 29, 2023.

The company achieved record quarterly revenue of $22.1 billion, representing a 22% increase from the previous quarter and a remarkable 26.5% surge compared to the same period a year ago.

Strong Performance Across Business Segments

NVIDIA's record revenue was driven by strong performance across all its business segments. Data Center revenue grew to $3.6 billion, an increase of 11% sequentially and 31% year-over-year. Gaming revenue reached $6.4 billion, reflecting an 17% sequential increase and a 21% annual growth.