Nvidia reported earnings after the bell that beat Wall Street expectations for earnings and guidance, and provided stronger-than-expected guidance for the current quarter.
Nvidia shares fell nearly 4% in extended trading.
Here are the results.
Earnings per share: 68 cents adjusted versus 64 cents per share expected by LSEG.
Revenue: $30.04 billion versus $28.7 billion expected by LSEG.
Nvidia said it expected about $32.5 billion in current quarter revenue, versus $31.77 billion expected by analysts, according to StreetAccount.
Nvidia is the primary beneficiary of the ongoing artificial intelligence boom. Its market value has expanded more than nine times since the end of 2022 and was up 34% since the company’s last earnings report.
Nvidia said it approved $50 billion in share buybacks.
Source: https://www.cnbc.com/2024/08/28/nvidia-nvda-earnings-report-q2-2025.html
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