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Ekonomické zprávy
25.05.2023

Company news: NVIDIA (NVDA) quarterly results beat analysts’ expectations

NVIDIA (NVDA) reported Q1 FY2023 earnings of $1.09 per share (versus $1.36 per share in Q1 FY2022), beating analysts’ consensus estimate of $0.92 per share.

The company’s quarterly revenues amounted to $7.192 bln (-13.2% y/y), beating analysts’ consensus estimate of $6.523 bln.

The company also issued upside guidance for Q2 FY2023, seeing revenues of $11.0 bln +/- 2%, equating to revenues of $10.78-$11.22 bln versus analysts’ consensus estimate of $7.11 bln.

NVDA rose to $387.64 (+26.94%) in pre-market trading.

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