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
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,
