Skip to content




Nvidia reports $81.6 billion in revenue, beating estimates

ResidentialBusiness
in What's on Your Mind?

Featured Replies

rssImage-a117bc4f9798d745aa5c85ee9899ae77.webp

Nvidia Corp. (NVDA) on Wednesday reported fiscal first-quarter profit of $58.32 billion.

The Santa Clara, California-based company said it had a profit of $2.39 per share. Earnings, adjusted for non-recurring gains, came to $1.87 per share.

The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.

The maker of graphics chips for gaming and artificial intelligence posted revenue of $81.61 billion in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $78.75 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVDA at https://www.zacks.com/ap/NVDA

View the full article
Go to topic listing




Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

Account

Navigation

Search

Search

Configure browser push notifications
Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.