Nvidia–the largest company on planet Earth–has released its latest earnings report, and it was another blockbuster quarter for the technology giant. However, gaming revenue came in lower than expected.
Nvidia surpassed Wall Street’s expectations for revenue and earnings-per-share. The company achieved record quarterly revenue of $68.1 billion, up 73% year-over-year. The overwhelming majority of Nvidia’s revenue for the period came from its Data Center division, which brought in $62.3 billion, up 75% year-over-year. For the full year, Nvidia made revenue of $215.9 billion, up 65%.
Not all of Nvidia’s divisions met expectations, though. Gaming revenue was $3.7 billion during the quarter, which was up 47% year-over-year, with full-year revenue rising 41% to a record $16 billion. Those are positive, growing numbers, but the guidance for gaming during the quarter was $4 billion, so Nvidia missed by hundreds of millions of dollars.
