Nvidia (NVDA) stock gained over 6% in early trading following its Q2 earnings on Wednesday, beating Wall Street's expectations on the top and bottom lines and providing a better-than-expected outlook for the third quarter.
For Q2, Nvidia reported adjusted earnings per share (EPS) of $2.22 on revenue of $96.2 billion, better than the EPS of $2.09 and revenue of $92.3 billion that Wall Street was anticipating.
The company also says it is projecting Q3 revenue of between $105.8 billion and $110.1 billion. Wall Street was calling for $1.51 billion.
Nvidia's (NVDA) bullish outlook sparked a rally in tech stocks, offsetting weakness elsewhere. Semiconductor stocks like Intel (INTC) and SK Hynix (SKHY) also rose.
Nvidia (NVDA) reported its Q2 earnings on Wednesday, beating Wall Street's expectations on the top and bottom lines and providing a better-than-expected outlook for the third quarter.
#wall #NVIDIA #nvda #revenue
For Q2, Nvidia reported adjusted earnings per share (EPS) of $2.22 on revenue of $96.2 billion, better than the EPS of $2.09 and revenue of $92.3 billion that Wall Street was anticipating.
The company also says it is projecting Q3 revenue of between $105.8 billion and $110.1 billion. Wall Street was calling for $1.51 billion.
Nvidia's (NVDA) bullish outlook sparked a rally in tech stocks, offsetting weakness elsewhere. Semiconductor stocks like Intel (INTC) and SK Hynix (SKHY) also rose.
Nvidia (NVDA) reported its Q2 earnings on Wednesday, beating Wall Street's expectations on the top and bottom lines and providing a better-than-expected outlook for the third quarter.
#wall #NVIDIA #nvda #revenue
3 months ago
