Nvidia earnings: Company is 'defying all odds': Analyst

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Nvidia reported another blockbuster earnings report. The company's second quarter results handily beat analyst estimates on both the top and bottom lines, while also providing third quarter revenue guidance that was above expectations. Synovus Trust Senior Portfolio Manager Daniel Morgan says the company is 'defying all odds' and is 'definitely the poster child for AI right now.' As for what Nvidia's results say for the chip sector as a whole, Morgan tells Yahoo Finance Live, that Nvidia will 'lift the whole group.'

report. The company's second quarter results handily beat analyst estimates on both the top and bottom lines, while also providing third quarter revenue guidance that was above expectations. Synovus Trust Senior Portfolio Manager Daniel Morgan says the company is"defying all odds" and is"definitely the poster child for AI right now.

Nvidia's third quarter revenue outlook was also far better than expected. The company also authorized a $25 billion share buyback.  CFRA Research Senior Equity Analyst Angelo Zino joined Yahoo Finance Live to discuss the results. Zino says the guidance was "fantastic" and that "it's absolutely astonishing how quickly the revenue trajectory of this company has grown over the last two to three quarters.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 47. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Business software company Open Text acquires Irish company KineMatikFinancial terms of the deal were not disclosed and Open Text said Wednesday the purchase was not material to its financial results
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Barclays analyst lifts target prices for Canadian bank stocks ahead of earningsBarclays says expectations for Canadian bank stocks are so low that fiscal third\u002Dquarter results may bring some upside surprises. Read on.
Источник: financialpost - 🏆 7. / 85 Прочитайте больше »

Barclays analyst lifts target prices for Canadian bank stocks ahead of earningsBarclays says expectations for Canadian bank stocks are so low that fiscal third\u002Dquarter results may bring some upside surprises. Read on.
Источник: fpinvesting - 🏆 43. / 63 Прочитайте больше »