NVIDIA (NASDAQ: NVDA) reported Q4 EPS of $0.88, $0.07 better than the analyst estimate of $0.81. Revenue for the quarter came in at $6.05 billion versus the consensus estimate of $6.01 billion.

GUIDANCE:

NVIDIA sees Q1 2024 revenue of $6.5 billion, versus the consensus of $6.33 billion.

• Revenue is expected to be $6.50 billion, plus or minus 2%.
• GAAP and non-GAAP gross margins are expected to be 64.1% and 66.5%, respectively, plus or minus 50 basis points.
• GAAP and non-GAAP operating expenses are expected to be approximately $2.53 billion and $1.78 billion, respectively.
• GAAP and non-GAAP other income and expense are expected to be an income of approximately $50 million, excluding gains and losses from non-affiliated investments.
• GAAP and non-GAAP tax rates are expected to be 13.0%, plus or minus 1%, excluding any discrete items.

For earnings history and earnings-related data on NVIDIA (NVDA) click here.