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NVDA posted earnings of $6.12 per share, well above the $5.49 anticipated and a whopping +561% year over year.
Nvidia (NVDA) shares are rising in extended-hours trading after the chip giant topped first quarter earnings estimates and announced a 10-for-1 stock split. Public Ventures President and Chief Market Strategist Lou Basenese joins Asking for a Trend to break down the earnings and analyze how long the company can keep up the momentum.
While the top- and bottom-line numbers for Nvidia (NVDA) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Nvidia's long track record of performance has fueled a surge in its stock price. Management announced a 10-for-1 stock split, which will take place in June.
Nvidia (NVDA) shares are popping in Wednesday's extended trading after beating earnings estimates for its fiscal first-quarter 2025, posting revenue of $26 billion (expected $24.69 billion) and adjusted earnings of $6.12 per share (expected $5.65 per share). The chip giant also announced a 10-for-1 stock split to occur on June 7.
Nvidia (NVDA) has issued its highly anticipated earnings report, surpassing expectations for both revenue and profitability. Yahoo Finance's Jared Blikre breaks down the details, dissecting how Nvidia's performance is affecting the wider semiconductor market.
The moment markets have been eagerly awaiting has finally arrived. Nvidia (NVDA) has released its first quarter earnings report, surpassing expectations on both revenue and profitability.
Nvidia's Q1 revenue hit a record $26 billion, surpassing analyst estimates. Nvidia also gave a bullish second-quarter sales forecast.
After hours, the stock market continued its feast-or-famine ways. Nvidia rose to as high as 1,023 in extended hours trading.
Fernando Vidal, 3Fourteen Research Co-Founder, joins 'Closing Bell Overtime' to talk Nvidia's quarterly results.