NVIDIA Q1 earnings: $77.9 million income on revenue of $954 million

NVIDIA's income statement may not look quite so appealing as it did just one quarter ago, but the company managed to beat the consensus expectations and its stock is now climbing in after-hours trading. Net income for NVIDIA's fiscal Q1 2014 rang in at $77.9 million, which is a 55 percent decrease from the previous quarter, but still 29 percent above Q1 of the previous year. Company revenues of $954.7 million are a similar situation, which are down 13 percent from the previous quarter, but up sl...