Categories AlphaGraphs, Earnings, Technology

Nvidia (NVDA) Q2 earnings beat; revenue up 50%

Nvidia Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in second-quarter earnings, which also surpassed the market’s projection. However, shares of the semiconductor giant dropped during the extended trading session, following the announcement.

Adjusted profit climbed to $2.18 per share in the second quarter from $1.24 per share last year. Net earnings moved up to $0.99 per share from $0.90 per share in the same period of 2020. The bottom-line topped the Street view.

Revenue rose 50% annually to $3.87 billion in the second quarter and came in above the market’s prediction.


Looking forward to listening to management/analysts’ comments on Q2 results? Stay tuned here for Nvidia’s Q2 2021 earnings call transcript 


The company’s stock closed Wednesday’s regular trading sharply lower and continued to lose in the after-hours. The stock’s value more than doubled in the past twelve months.

Most Popular

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Target (TGT): A look at some of the challenges faced by the retailer in 3Q24

Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top