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The company reported revenue of $35.08 billion in the quarter, representing a 94% year-over-year surge and a 492% increase from its third quarter in fiscal year 2023. Put another way, Nvidia just ...
Net income in its entire fiscal 2023 tallied $8.4 billion; in the fourth quarter of 2023, net income reached $12.8 billion. Its annual profits in 2024 reached $32.3 billion.
That is just the latest leg of an incredible run that has seen the company's share price soar almost 860% since the beginning of 2023, and more than 2,650% over the last five years.
Nvidia's results also didn't surprise Wall Street at the same pace that they had been. The company posted its slimmest upside surprise to Wall Street's revenue expectations since the start of 2023.
Nvidia’s revenue reported Wednesday beat Wall Street expectations by 4.1%, the slimmest margin since the fourth quarter of its 2023 fiscal year. As Nvidia’s business has boomed over the last ...
In our model, to reach the $104 billion mark by 2030 and furnish that 10% annual return, Nvidia must multiply that $24.8 billion run rate well over four fold, or by 22% a year. Nvidia faces two ...
Nvidia reported revenue for its fiscal fourth quarter that ended Jan. 28 of $22.1 billion, up from $6.05 billion. Adjusted for one-time items, Nvidia earned $5.16 a share in the latest quarter ...
Nvidia's stock has continued to rocket higher throughout 2024, thanks to the explosive growth in AI across the tech landscape and beyond. Read more: Nvidia nearly triples in value over 11 months ...