Categories AlphaGraphs, Earnings, Technology

NVDA Earnings: Nvidia Q3 revenue jumps on record data center business

NVIDIA Corporation (NASDAQ: NVDA) on Tuesday said its third-quarter revenues more than doubled to $18.12 billion, mainly reflecting strong growth in the data center business.

Nvidia Q3 2024 earnings infographic

GAAP net income surged to $9.24 billion, or $3.71 per share, from $680 million, or $0.27 per share, last year. Adjusted EPS was $4.02 per share, vs. $0.58 per share in Q3 2023.

For the fourth quarter of 2024, NVIDIA expects revenue of $20.0 billion, plus or minus 2%.

Prior Performance

  • Nvidia Q3 2023 earnings infographic

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