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

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

NVIDIA (NVDA) Hits High, Up 6.4%

August 19, 2021 11:20 AM EDT

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

... More

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