Categories AlphaGraphs, Earnings, Technology
Infographic: Nvidia (NVDA) Q2 revenue up 68%; earnings beat
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its second-quarter revenues and profit increased amid elevated demand. The results also topped the Street view, driving the stock higher during the extended trading session soon after the announcement.
The graphics chipmaker reported adjusted earnings of $1.04 per share for the July quarter, up from $0.55 per recorded a year earlier. Net income advanced to $0.94 per share from $0.25 per share in the second quarter of 2021. The bottom line exceeded the market’s prediction.
Revenues climbed 68% annually to $6.5 billion during the three-month period and came in above the estimates.
Read management/analysts’ comments on Nvidia’s Q2 results
The company’s stock closed Wednesday’s regular trading lower but made modest gains during the after-hours session.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and