Nvidia reviews $81.6 billion in income, beating estimates

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Nvidia Corp. (NVDA) on Wednesday reported fiscal first-quarter revenue of $58.32 billion.

The Santa Clara, California-based firm mentioned it had a revenue of $2.39 per share. Earnings, adjusted for non-recurring positive aspects, got here to $1.87 per share.

The outcomes exceeded Wall Avenue expectations. The typical estimate of 14 analysts surveyed by Zacks Funding Analysis was for earnings of $1.77 per share.

The maker of graphics chips for gaming and artificial intelligence posted income of $81.61 billion within the interval, additionally topping Avenue forecasts. Ten analysts surveyed by Zacks anticipated $78.75 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks stock report on NVDA at https://www.zacks.com/ap/NVDA



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