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
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The company’s stock closed Wednesday’s regular trading lower but made modest gains during the after-hours session.
