Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017.stock rose 6% on Thursday after hours, after the company reported better-than-expected fiscal-second quarter earnings.$1.24 per share, excluding certain items, vs. $1.15 per share as expected by analysts, according to Refinitiv.Nvidia's revenue fell 17% on an annualized basis in the quarter, which ended on July 28, according to a statement.
With respect to guidance, Nvidia says that in the fiscal third quarter it expects $2.90 billion in revenue, plus or minus 2%. That's below the $2.97 billion consensus estimate among analysts polled by Refinitiv. Nvidia said it estimates gross margin in the fiscal third quarter to be 62.5%, plus or minus 50 basis points; analysts polled by FactSet had been looking for 60.2%.
Prior to earnings, shares of Nvidia had risen 11% since the start of 2019. In the fiscal second quarter Nvidia announced
Nvidia RTX cards are coming up Huge; my next tech purchase will have an Nvidia RTX card in it. Now setup that cloud Graphics Card platform..
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Canadian pot company Tilray's stock slips after posting a wider-than-expected loss for the second quarterThe Canadian pot company missed earnings expectations and beat revenue expectations.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
The RealReal’s Stock Jumps After Earnings BeatA smaller-than-expected quarterly loss sent company shares up more than 11 percent during after-hours trading.
Herkunft: wwd - 🏆 24. / 68 Weiterlesen »
Walmart shares jump following earnings beat and raised outlookWalmart reports earnings that topped expectations, and it raises its outlook for the year, building on the momentum in its core U.S. business and investments in grocery. CourtReagan Like I said yesterday now everyone can hate $WMT again and take the focus off the wider market losses. CourtReagan Maybe Walmart can start paying living wages and pay taxes..... CourtReagan Sure sign of recession analysts. Aren't you a bunch of clowns? 🤣🤣
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Walmart's earnings beat allays worry over tariff impact for nowU.S. retailer Walmart Inc reported strong second quarter results and raised its ... Walmart would be the last one to feel a tariff war kids need some school supplies.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
Walmart soars as e-commerce growth drives earnings beat and raises 2020 outlookWalmart reported second-quarter financial results that surpassed Wall Street estimates thanks to growth in same-store sales and e-commerce. and they can't pay a living wage because, reasons? Amazon never could shake this lion off of it's ass! Walmart is a fucking beast...ain't it? Amazon..the cheetah..came in the game all sleek and fast..slaying everything in sight! But they didn't see the Lion sitting over there...watching! Amazon came too close! So...now the Lion is at his ass! Amazon can't shake him! Walmart!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »