Nvidia posts record revenue up 265% on booming AI business
2024-02-22 07:41:16 source:CNBC
February 21, 2024
Nvidia reported fourth fiscal quarter earnings that beat Wall Street’s forecast for earnings and sales, and said revenue during the current quarter would be better than expected, even against elevated expectations for massive growth.
Nvidia shares rose about 10% in extended trading.
Here’s what the company reported compared with what Wall Street was expecting for the quarter ending in January, based on a survey of analysts by LSEG, formerly known as Refinitiv:
Earnings per share: $5.16 adjusted vs. $4.64 expected
Revenue: $22.10 billion vs. $20.62 billion expected
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https://www.cnbc.com/2024/02/21/nvidia-nvda-earnings-report-q4-2024.html