Categories AlphaGraphs, Earnings, Technology
Infographic: Nvidia (NVDA) Q4 revenue up 61%; earnings beat
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the extended trading session soon after the announcement.
The graphics chipmaker reported adjusted earnings of $3.10 per share for the January-quarter, up from $1.89 per recorded a year earlier. Net income advanced to $2.31 per share from $1.53 per share in the fourth quarter of 2020. The bottom-line exceeded the market’s prediction.
Revenues climbed 61% annually to $5 billion during the three-month period and came in above the estimates.
Read management/analysts’ comments on Nvidia’s Q3 results
The company’s stock closed Wednesday’s regular trading higher and gathered further momentum during the after-hours session.
Most Popular
Earnings: Highlights of Bed Bath & Beyond (BBBY) Q1 report
Home furnishing retailer Bed Bath & Beyond (NASDAQ: BBBY) has reported a net loss for the first quarter of 2022 when the company’s revenues declined by 25%. Net earnings, adjusted
Mattel (MAT): Here are a few points to keep in mind if you are considering this toymaker
Shares of Mattel Inc. (NASDAQ: MAT) have gained 1% year-to-date and 6% over the past 12 months. The company delivered double-digit growth in sales and improved profitability for its most
Prologis (PLD) set for long-term gains from high e-commerce demand
The ripples of the COVID-driven e-commerce boom are being felt beyond the retail industry, and the other sectors influenced by it include transportation and real estate. The high demand for