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.
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
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
INTU Earnings: Intuit Q3 2024 revenue and adj. profit top expectations
Intuit Inc. (NASDAQ: INTU) Thursday reported an increase in adjusted earnings and revenues for the third quarter of 2024. The results also exceeded analysts' estimates. At $6.74 billion, the Mountain
After blowout quarter, Nvidia (NVDA) looks set to continue riding the AI wave
Shares of NVIDIA Corporation (NASDAQ: NVDA) rallied this week after the semiconductor giant reported robust first-quarter numbers. Being a first mover in artificial intelligence chips, the company is spearheading the
Target Corp. (TGT): A brief look at the retailer’s performance in Q1 2024
Shares of Target Corporation (NYSE: TGT) rose over 1% on Thursday. The stock has dropped over 11% in the past one month. The company delivered mixed results for the first