Info [CNBC] Nvidia jumps on earnings beat


Diamond Member
Apr 15, 2012
Here’s what the company reported:

  • Earnings: $1.24 per share, excluding certain items, vs. $1.15 per share as expected by analysts, according to Refinitiv.
  • Revenue: $2.58 billion, vs. $2.54 billion as expected by analysts, according to Refinitiv.

Nvidia’s revenue fell 17% on an annualized basis in the quarter, which ended on July 28, according to a statement.

With respect to guidance, Nvidia says that in the fiscal third quarter it expects $2.90 billion in revenue, plus or minus 2%. That’s below the $2.97 billion consensus estimate among analysts polled by Refinitiv. Nvidia said it estimates gross margin in the fiscal third quarter to be 62.5%, plus or minus 50 basis points; analysts polled by FactSet had been looking for 60.2%.

More to come.
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Oct 1, 2010
Not surprising Datacenter is slumping... need new products (ie: Ampere). It's been too long.


No Lifer
Aug 25, 2001
Over the last couple of years, NVIDIA has diversified its portfolio, but even so, Gaming continues to be the largest revenue generator at NVIDIA, and by a wide margin. Despite gaming revenue dropping nearly $500 million from a year ago, gaming still accounts for over 50% of NVIDIA’s total revenue. For Q2, gaming brought in $1.313 billion, down from $1.805 billion a year ago. It’s a big drop, but NVIDIA did make gains over Q1 where the drop was 39% year-over-year, compared to the current quarter which had a 27% drop year-over-year. NVIDIA stated that gaming desktop GPU sales fell, which isn’t a surprise considering the crypto craze a year ago, but sales were partially offset by increased notebook GPU sales.

Couldn't have anything to do with the markedly-higher prices of Turing cards, could it?