Financial Reports

NVIDIA Reports Q3 FY 2021 Revenue Growth of 57%; Jensen Huang Quoted

Jensen Huang Founder and CEO NVIDIA

NVIDIA (Nasdaq: NVDA) reported $4.73B in revenue during the third quarter of fiscal year 2021, up 57 percent from the same period last year. The company paid $99M in quarterly cash dividends and saw its GAAP diluted earnings per share rise 46 percent to $2.12 in Q3 FY 2021, up from $1.45 a year earlier.

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Defense Contractors Ask Government to Backfill DoD Money Used to Cover COVID-19 Expenses

Pentagon

The CEOs of eight defense contractors wrote separate letters to the White House and the Department of Defense saying that the money sourced from DoD’s budget to help companies retain highly skilled employees during the COVID-19 pandemic should be replaced with new funds to prevent military modernization programs from being jeopardized, Reuters reported Thursday.

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