NVIDIA Announces Financial Results for Second Quarter Fiscal 2022

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NVIDIA (NVDA) Hits High, Up 6.4%

August 19, 2021 11:20 AM EDT

NVIDIA (NASDAQ: NVDA) Hits High, Up 6.4%

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Nvidia (NVDA) Tops Earnings Views to Send Shares Higher, Analyst Still Downgrades to ‘Sell’ on Expectations Gaming Sales Will Fade

August 19, 2021 5:29 AM EDT

Shares of Nvidia (NASDAQ: NVDA) are trading about 1% higher in pre-open Thursday after the chip giant reported better-than-expected Q2 results.

NVDA reported EPS of $1.04 on an adjusted basis to top the $1.01 expected from analysts. Sales for the quarter came in at $6.51 billion to beat the $6.33 billion consensus.

On a more negative note, Nvidias CMP - the chip unit - witnessed sales of $266 million, lower than the $400 million guided in the previous quarter.

NVIDIAs pioneering work in accelerated computing continues to advance graphics, scientific computing and AI. Enabled by the NVIDIA platform,... More

NVIDIA (NVDA) Tops Q2 EPS by 2c, Q3 Revenue Guidance Beats

August 18, 2021 4:21 PM EDT

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... More