Jen-Hsun Huang, CEO, Nvidia
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Nvidia reported first-quarter results for its fiscal 2022 on Wednesday, with sales growing 84% compared with last year.
Earnings and sales both beat Wall Street expectations, but the shares were basically unchanged in extended trading.
Here’s how the chipmaker did, versus Refinitiv consensus estimates:
- Revenue: $5.66 billion versus $5.41 billion estimated
- Earnings: $3.66, adjusted, versus $3.28 per share estimated
The earnings period ended May 2.
Nvidia’s earnings come during a period of sustained, massive growth in its business amid a shortage of semiconductors worldwide. Nvidia said it expected $6.30 billion in revenue…