Nvidia Non-GAAP EPS of $0.68 beats by $0.04, revenue of $30.04B beats by $1.31B
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Contributor since / Followers
Contributor since / Followers
2 months ago
- Nvidia press release (NASDAQ:NVDA): Q2 Non-GAAP EPS of $0.68 beats by $0.04.
- Revenue of $30.04B (+122.4% Y/Y) beats by $1.31B.
- Record quarterly Data Center revenue of $26.3 billion, up 16% from Q1 and up 154% from a year ago.
- Q3 Outlook: Revenue is expected to be $32.5 billion vs. consensus of $31.75B, plus or minus 2%.
- GAAP and non-GAAP gross margins are expected to be 74.4% and 75.0%, respectively, plus or minus 50 basis points. For the full year, gross margins are expected to be in the mid-70% range.
- GAAP and non-GAAP operating expenses are expected to be approximately $4.3 billion and $3.0 billion, respectively. Full-year operating expenses are expected to grow in the mid- to upper-40% range.
- GAAP and non-GAAP other income and expense are expected to be an income of approximately $350 million, excluding gains and losses from non-affiliated investments and publicly-held equity securities.
- GAAP and non-GAAP tax rates are expected to be 17%, plus or minus 1%, excluding any discrete items.
- Shares +0.55%.