NVIDIA (NVDA) Tops Q2 EPS by 2c, Q3 Revenue Guidance Beats
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Price: $826.32 +3.71%
EPS Growth %: +410.1%
Financial Fact:
Income tax expense (benefit): 79M
Today's EPS Names:
WF, CWBC, GLTO, More
EPS Growth %: +410.1%
Financial Fact:
Income tax expense (benefit): 79M
Today's EPS Names:
WF, CWBC, GLTO, More
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NVIDIA (NASDAQ: NVDA) reported Q2 EPS of $1.04, $0.02 better than the analyst estimate of $1.02. Revenue for the quarter came in at $6.51 billion versus the consensus estimate of $6.33 billion.
GUIDANCE:
NVIDIA sees Q3 2022 revenue of $6.8 billion, versus the consensus of $6.53 billion.
- Revenue is expected to be $6.80 billion, plus or minus 2 percent.
- GAAP and non-GAAP gross margins are expected to be 65.2 percent and 67.0 percent, respectively, plus or minus 50 basis points.
- GAAP and non-GAAP operating expenses are expected to be approximately $1.96 billion and $1.37 billion, respectively.
- GAAP and non-GAAP other income and expense are both expected to be an expense of approximately $60 million, excluding gains and losses on equity securities.
- GAAP and non-GAAP tax rates are both expected to be 11 percent, plus or minus 1 percent, excluding any discrete items such as excess tax benefits or deficiencies related to stock-based compensation.
For earnings history and earnings-related data on NVIDIA (NVDA) click here.
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