Nvidia Non-GAAP EPS of $0.81 beats by $0.06, revenue of $35.08B beats by $1.95B
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Contributor since / Followers
Contributor since / Followers
2 months ago
- Nvidia press release (NASDAQ:NVDA): Q3 Non-GAAP EPS of $0.81 beats by $0.06.
- Revenue of $35.08B (+93.6% Y/Y) beats by $1.95B.
- Record quarterly Data Center revenue of $30.8 billion, up 17% from Q2 and up 112% from a year ago.
- “The age of AI is in full steam, propelling a global shift to NVIDIA computing,” said Jensen Huang, founder and CEO of NVIDIA. “Demand for Hopper and anticipation for Blackwell — in full production — are incredible as foundation model makers scale pretraining, post-training and inference.
- “AI is transforming every industry, company and country. Enterprises are adopting agentic AI to revolutionize workflows. Industrial robotics investments are surging with breakthroughs in physical AI. And countries have awakened to the importance of developing their national AI and infrastructure,” he said.
- Q4 Outlook: Revenue is expected to be $37.5 billion vs. consensus of $37.04B, plus or minus 2%.
- GAAP and non-GAAP gross margins are expected to be 73.0% and 73.5%, respectively, plus or minus 50 basis points.
- GAAP and non-GAAP operating expenses are expected to be approximately $4.8 billion and $3.4 billion, respectively.
- GAAP and non-GAAP other income and expense are expected to be an income of approximately $400 million, excluding gains and losses from non-affiliated investments and publicly-held equity securities.
- GAAP and non-GAAP tax rates are expected to be 16.5%, plus or minus 1%, excluding any discrete items.
- Shares -4.85%.