NVIDIA: revenue, profit beat forecasts in Q1
NVIDIA has released on Thursday the results report in the first quarter that surpassed analysts. The income figure exceeded the forecasts.
The company announced earnings per share of $ 1,80 $, revenues amounted to 3.08 B $. Analysts polled Investing.com, assumed in the projections that earnings per share will amount to 1.66 $, and the total income will amount to 2.97 B $ compared to earnings per share of 0.88 $ with a total revenue of 2.22 B $ in the same period a year earlier, the company reported earnings per share in the amount of 1.89 $ at the total income of the 3,11 B $ in the previous quarter.
NVIDIA shares without change of 0.86% was traded at the level of 348.00 $ in after market close, according to the report.
This year the price of NVIDIA stock, up 49% showed results better than the General index, Nasdaq 100, rising 6% since the beginning of the year.
NVIDIA follows the General trend of companies in the sector of “Technology” this month
On 29 April, Microsoft reported third quarterly report for 1.40 $, the profit is made up of 35.02 B $, compared to forecasts for income per share $ 1.27 $ at the total income 33,66 B $
Apple surpassed analysts ‘ expectations in April 30 in the second quarter, quarterly earnings per share of 2.55 $ for a total profit 58,31 B $ Analysts Investing.com earlier it was predicted that earnings per share will be 2,24 $ in total income 54,78 B $
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