Categories AlphaGraphs, Earnings, Technology
Infographic: Nvidia (NVDA) Q4 earnings decline on lower revenues
Chipmaker Nvidia Corporation (NASDAQ: NVDA) on Wednesday reported lower revenues and earnings for the fourth quarter of 2023.
The adjusted profit of the tech firm, which is headquartered in Santa Clara, declined to $0.88 per share in the January quarter from $1.32 per share a year earlier. Net income, including special items, was $1.41 billion or $0.57 per share in the latest quarter, compared to $3.0 billion or $1.18 per share in the fourth quarter of 2022. The earnings drop reflects a 21% year-over-year decline in revenues to $6.05 billion.
Check this space to read management/analysts’ comments on quarterly reports
“AI is at an inflection point, setting up for broad adoption reaching into every industry. From startups to major enterprises, we are seeing accelerated interest in the versatility and capabilities of generative AI,” said Nvidia’s CEO Jensen Huang.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
