Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Nvidia (NVDA) Q1 Earnings Report
Nvidia Corporation (NASDAQ: NVDA) on Thursday reported a sharp increase in first-quarter earnings, which also surpassed the market’s projection. Shares of the semiconductor giant dropped during the extended trading session, following the announcement.
Adjusted profit climbed to $1.80 per share in the first quarter from $0.88 per share last year. Net earnings more than doubled to $1.47 per share from $0.64 per share in the first quarter of 2020. The bottom-line also topped the Street view.
Revenue rose 39% annually to $3.08 billion and came in above the market’s prediction. The management also provided guidance for the second quarter of 2021.
The company’s stock closed Thursday’s regular trading sharply lower and continued to lose in the after-hours session. The stock’s value rose 46% since the beginning of 2020 and more than doubled in the past twelve months.
Most Popular
Earnings calendar for the week of May 17
Benchmark stock indexes pared their recent gains early this week amid elevated inflation concerns, but regained a part of the momentum later aided by recovery in tech stocks. The Dow
Aurora Cannabis (ACB) Earnings: 3Q21 Key Numbers
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Walt Disney (DIS) Q2 revenue down 13%; earnings beat estimates
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
