In the past twelve months, the stock gained about 78%. Nvidia said it expects to report revenue of 8. The company’s stock traded lower early Thursday, after closing the previous session higher. Revenue: 7.64 billion, versus 7.42 billion expected, up 53 year-over-year. Rea d management/analysts’ comments on Nvidia’s Q4 results The non-public information was originally obtained from insiders employed by Dell and NVIDIA and passed down a.
GTC is coming. We will announce many new products, applications, and partners for NVIDIA computing,” said Jensen Huang, chief executive officer of Nvidia. company's earnings before public release. “We are entering the new year with strong momentum across our businesses and excellent traction with our new software business models with NVIDIA AI, NVIDIA Omniverse, and NVIDIA DRIVE. Revenues grew 53% annually to $7.64 billion during the three-month period and came in above the estimates, helped by record revenue from the gaming, data center, and professional visualization segments. 2 Nvidias latest fiscal year ( FY) ended Jan. Net income climbed to $3.0 billion or $1.18 per share from $1.46 billion or $0.58 per share in the fourth quarter of 2021. Investors will be watching to see if Nvidia can maintain its growth when the company reports earnings on for Q1 FY 2023.
The graphics chipmaker reported adjusted earnings of $1.32 per share for the January quarter, up from $0.78 per recorded a year earlier. Both earnings and revenues exceeded Wall Street’s prediction. Nvidia Corporation ( NASDAQ: NVDA) has reported a 53% increase in fourth-quarter revenues, reflecting the strong demand for data-center and gaming chips.
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