NVIDIA: revenue, profit beat forecasts in Q1

NVIDIA: доходы, прибыль побили прогнозы в 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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