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Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei.
Tyrone Siu | Reuters
Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading.
Here’s how the company did versus Refinitiv consensus estimates for the quarter ended in April:
- EPS: $1.09, adjusted, versus 92 cents expected
- Revenue: $7.19 billion, versus $6.52 billion expected
Nvidia said it expected sales of about $11 billion, plus or minus 2%, in the current quarter, more than 50% higher than Wall Street estimates of $7.15 billion.
Prior to the after-hours move, Nvidia stock was up…
Source cnbc.com
