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.
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
Infographic: How Starbucks (SBUX) performed in Q1 2023
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections. Global comparable store sales increased
Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit
Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search
HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,