“NVIDIA” Quarterly Revenue Soars 88% to $13.5 Billion

  • International
  • 24 August 2023
1

NVidia shares jumped 8 percent in post-market trading after the chipmaker reported its second-quarter estimate and issued upbeat guidance for the current period.

In terms of results, second-quarter earnings were $2.7 per share, adjusted, versus $2.09 per share expected by Refinitiv."

Quarterly revenue jumped 88 percent to $13.51 billion, up from expectations of $11.22 billion.

NVidia expects third-quarter revenue to be $16 billion, higher than Refinitiv's forecast of $12.61 billion.

Source (Al Khaleej Emirati Newspaper, Edited)

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