If you are interested to find out how Nvidia does in the latest earnings report and don’t quite understand how to read a financial report, then the below video will be useful to you. In summary, these are the most important numbers from the report compared to what Wall Street was expecting from the company, as compiled by Bloomberg.
- Revenue: $7.1 billion versus $6.81 billion expected.
- Earnings per share: $1.17 versus $1.11 expected.
- Gaming revenue: $3.22 billion versus $3.18 billion expected.
- Data Center revenue: $2.94 billion versus $2.69 billion expected.
So, Nvidia has managed to beat expectations and this piece of good news has propelled the rise in stock in after-hours trading when the report was released.