financetom
Business
financetom
/
Business
/
Update: Nvidia Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Q4 Outlook Set
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Nvidia Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Q4 Outlook Set
Nov 20, 2024 7:41 PM

05:02 PM EST, 11/20/2024 (MT Newswires) -- (Updates the stock change in the last paragraph.)

Nvidia ( NVDA ) reported fiscal Q3 non-GAAP earnings late Wednesday of $0.81 per diluted share, up from $0.40 a year earlier.

Analysts polled by FactSet expected $0.75 excluding some items.

Revenue in the three months ended Oct. 27 rose to $35.08 billion from $18.12 billion a year earlier.

Analysts surveyed by FactSet expected $33.17 billion.

The company expects fiscal Q4 revenue of $37.5 billion, plus or minus 2%. Analysts expect $37.09 billion.

Nvidia ( NVDA ) shares fell 0.7% in after-hours activity, paring earlier losses.

Price: 144.81, Change: -1.08, Percent Change: -0.74

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Military shipbuilder Huntington beats Q1 estimates on demand for aircraft carriers
Military shipbuilder Huntington beats Q1 estimates on demand for aircraft carriers
May 2, 2024
April 29 (Reuters) - Huntington Ingalls reported a better-than-expected quarterly earnings on Thursday, on the back of demand for aircraft carriers, amphibious assault ships and submarines amid high geopolitical tension. WHY IT IS IMPORTANT Demand for submarines and aircraft carriers is surging, fueled by China's expanding naval footprint and high global tensions, benefiting shipbuilding giants such as Huntington Ingalls. CONTEXT...
Sabadell enlists Morgan Stanley, Goldman Sachs after BBVA takeover offer, sources say
Sabadell enlists Morgan Stanley, Goldman Sachs after BBVA takeover offer, sources say
May 2, 2024
By Jesús Aguado and Andres Gonzalez MADRID/LONDON, May 2 (Reuters) - Spanish bank Sabadell has turned to Morgan Stanley ( MS ) and Goldman Sachs ( GS ) to advise on options after BBVA's 12 billion euros ($12.83 billion) takeover offer, three sources with knowledge of the matter said on Thursday. BBVA this week said it had approached its smaller...
Howmet Aerospace Reports Higher Q1 Adjusted Earnings, Revenue; Raises 2024 Guidance
Howmet Aerospace Reports Higher Q1 Adjusted Earnings, Revenue; Raises 2024 Guidance
May 2, 2024
08:08 AM EDT, 05/02/2024 (MT Newswires) -- Howmet Aerospace ( HWM ) reported Q1 adjusted earnings Thursday of $0.57 per diluted share, up from $0.42 a year earlier. Analysts polled by Capital IQ expected $0.52. Revenue for the quarter ended March 31 was $1.82 billion, compared with $1.6 billion a year ago. Analysts surveyed by Capital IQ expected $1.74 billion....
CNH Industrial cuts 2024 profit view as soft agriculture demand bites
CNH Industrial cuts 2024 profit view as soft agriculture demand bites
May 2, 2024
May 2 (Reuters) - CNH Industrial ( CNHI ) cut its annual profit forecast on Thursday, squeezed by slowing demand for its tractors and farm equipment as choppy crop prices and higher borrowing costs hinder farmers from making big-ticket farming purchases. Global crop prices have moderated while farm incomes have dwindled, setting up for a murky demand backdrop for the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved