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.

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