NVIDIA (NVDA) Tops Q1 EPS by 12c, Q2 Revenue Guidance Beats

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NVIDIA Announces Financial Results for First Quarter Fiscal 2021

May 21, 2020 4:20 PM EDT

Revenue of $3.08 billion, up 39 percent from a year earlierRecord Data Center revenue of $1.14 billion, up 80 percent from a year earlierRecord GAAP gross margin of 65.1 percent

SANTA CLARA, Calif., May 21, 2020 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the first quarter ended April 26, 2020, of $3.08 billion, up 39 percent from $2.22 billion a year earlier, and down 1 percent from $3.11 billion in the previous quarter.

GAAP earnings per diluted share for the quarter were $1.47, up 130 percent from $0.64 a year ago, and down 4 percent from $1.53 in the previous quarter. Non-GAAP... More