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Earnings season is wrapping up, but the stock market's biggest member still needs to get a say. Nvidia reports its much-anticipated third-quarter earnings after the bell today.
SANTA CLARA, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 28, 2024, of $30.0 billion, up 15% from the previous quarter and up 122% from a year ago. For the quarter, GAAP earnings per diluted share was $0.67, up 12% from the previous quarter and up 168% from a year ago.
Nvidia reported adjusted earnings per share of $0.68 on revenue of $30 billion in its fiscal second quarter. Analysts were expecting EPS of $0.64 and revenue of $28.8 billion.
After the closing bell today -- at around 5:00pm Eastern Time and 2:00pm Pacific -- Nvidia will release its financial results for its fiscal 2025's second quarter (ended July 31). The report will ...
Wedbush Securities’ Dan Ives, one of the most influential tech bulls on Wall Street, just began the figurative drumroll in anticipation of Nvidia’s quarterly results expected for Aug. 28.
"In another earnings performance for the ages Nvidia delivered a $2 billion top-line beat with $35 billion of sales showing a $5 billion sequential increase driven by flagship data center sales.
Nvidia said revenue in the second quarter increased by more than 122% year-over-year, totaling $30 billion. That was well above the average analyst estimate of $28.9 billion, according to ...
That said, expectations for the next quarter are already up there: Revenue for the quarter ending in January 2025 is expected to come in at $38 billion, according to the average of 40 analyst ...