Nvidia (NVDA) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.40 per share a year ago.
Nvidia Corporation reported a double beat in Q3 earnings, but shares pulled back due to conservative guidance and investor expectations for a larger earnings beat. Revenue growth is decelerating, with Q3 showing a 90% year-over-year increase, down from 270% in Q4 last year, indicating a growth slowdown. Gross margins appear to have peaked at around 75%, limiting future profit growth; Q4 guidance suggests further margin compression.
Nvidia's stock slid on Wednesday despite issuing an optimistic sales forecast for the AI giant's fourth quarter amid the ongoing surge in demand for chips that enable generative AI.
Editor's note: This story has been updated with additional information.
Nvidia (NVDA) is out with its third quarter earnings release, topping both revenue ($35.1 billion vs. $33.25 billion expected) and profit (adjusted earnings of $0.81 per share vs.
The 'Fast Money' traders take a closer look at Nvidia's Q3 results as the conference call gets underway.
Yahoo Finance's Tech Editor Dan Howley sits down with Wealth! Host Brad Smith to talk about the practical applications of Nvidia's (NVDA) graphics processing units (GPUs) and how the chipmaker went from being a key player in the gaming segment to dominating the artificial intelligence (AI) space.
Defiance ETFs CEO and CIO Sylvia Jablonski breaks down Nvidia's third-quarter earnings and forecast. Speaking on "Bloomberg The Close," Jablonski also discusses what a Trump administration could mean for Nvidia.
Nvidia (NVDA) reported third-quarter results that beat analysts' estimates on the top and bottom lines, though shares fell slightly in extended trading Wednesday as investors may have had higher expectations.
Nvidia Corp., a leading player in the artificial intelligence (AI) hardware revolution, delivered a fiscal fourth-quarter revenue forecast that fell short of the highest market expectations, signaling potential limits to its meteoric rise. The company expects sales of $37.5 billion, exceeding the average analyst estimate of $37.
Nvidia, the chipmaker driving the boom in artificial intelligence (AI), has seen fresh falls in its share price following an earnings report amid continued supply chain constraints.
World's most valuable company delights investors as it reports $35bn of revenue in quarterly results