NVIDIA (NVDA) Tops Q1 EPS by 38c, Offers Outlook
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Price: $796.77 -3.33%
EPS Growth %: +410.1%
Financial Fact:
Shares used in basic per share computation (in shares): 538M
Today's EPS Names:
NLY, CP, RUSHA, More
EPS Growth %: +410.1%
Financial Fact:
Shares used in basic per share computation (in shares): 538M
Today's EPS Names:
NLY, CP, RUSHA, More
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NVIDIA (NASDAQ: NVDA) reported Q1 EPS of $3.66, $0.38 better than the analyst estimate of $3.28. Revenue for the quarter came in at $5.66 billion versus the consensus estimate of $5.41 billion.
NVIDIA’s outlook for the second quarter of fiscal 2022 is as follows:
- Revenue is expected to be $6.30 billion, plus or minus 2 percent.
- GAAP and non-GAAP gross margins are expected to be 64.6 percent and 66.5 percent, respectively, plus or minus 50 basis points.
- GAAP and non-GAAP operating expenses are expected to be approximately $1.76 billion and $1.26 billion, respectively.
- GAAP and non-GAAP other income and expense are both expected to be an expense of approximately $50 million.
- GAAP and non-GAAP tax rates are both expected to be 10 percent, plus or minus 1 percent, excluding any discrete items. GAAP discrete items include excess tax benefits or deficiencies related to stock-based compensation, which are expected to generate variability on a quarter-by-quarter basis.
(*Consensus sees Q2 revenue of $5.5 billion)
For earnings history and earnings-related data on NVIDIA (NVDA) click here.
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