However, Nvidia’s cryptocurrency chip product, CMP, had lower sales, at $266 million, than the $400 million the company predicted in May. Shares of Nvidia were up more than 2% in after-hours trading.
Here’s how the chipmaker did versus Refinitiv consensus estimates:
- Earnings: $1.04, adjusted, vs. $1.01 expected
- Revenue: $6.51 billion, vs. $6.33 billion expected
Nvidia forecast $6.8 billion in revenue in the current quarter, beating Refinitiv expectations of $6.5 billion.
Nvidia is in a period of sustained, massive growth in its business…