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Nvidia's stock fell 2% in volatile after-hours trading shortly after the results and was trading down more than 1% as the analyst call concluded. The stock is up 194% so far in 2024.
Investors took the results in stride, however, and Nvidia’s high-flying stock slipped about 1% in after-hours trading. Shares in Nvidia Corp. are up 195% so far this year.
The stock slides in after-hours trading after the Q3 revenue forecast fails to top the most sky-high of analysts' expectations. Nvidia forecast third-quarter revenue of roughly $32.5 billion.
Sales in the data center segment, which accounts for a majority of Nvidia's revenue, grew 112% to $30.77 billion in the quarter ended Oct. 27. The segment had recorded growth of 154% in the prior ...
Shares of Nvidia, the world's second most valuable public company with a market cap that has exceeded $3 trillion, were down nearly 7% at in after hours trading on Wednesday following the report.
Nvidia shares whipsawed in early after-hours trading as investors digested the numbers, before rising more than 10% by 5 p.m. ET. Huang, who is also a cofounder of Nvidia, said that the earnings ...
The world’s largest publicly traded company by market cap, Nvidia reported earnings per share (EPS) of $0.81 on revenue of $35.1 billion. Analysts were anticipating EPS of $0.74 on revenue of ...
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.
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