Nvidia (NVDA) earnings report Q1 2024


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

0 0 votes
Article Rating

Snowflake (SNOW) earnings Q1 2024

Previous article

American Eagle Outfitters AEO shares plunge after earnings report

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Earnings