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 >
Market Chatter: Advent International, PAI Partners Among First-Round Bidders for Sanofi's Consumer Health Division
Market Chatter: Advent International, PAI Partners Among First-Round Bidders for Sanofi's Consumer Health Division
Jul 18, 2024
08:45 AM EDT, 07/18/2024 (MT Newswires) -- Private equity firms Advent International and PAI Partners are among the first-round bidders for Sanofi's ( SNY ) consumer health division, with some offers valuing the unit up to 15 billion euros ($16.4 billion), Bloomberg reported Thursday, citing people familiar with the matter. Clayton Dubilier & Rice have also submitted a bid, the...
Market Chatter: Google-Backed Glance InMobi Looking to Raise $250 Million Capital in Financing Round
Market Chatter: Google-Backed Glance InMobi Looking to Raise $250 Million Capital in Financing Round
Jul 18, 2024
08:47 AM EDT, 07/18/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG )-backed Glance InMobi, an Indian mobile content provider, is in advanced discussions to raise as much as $250 million within a few weeks in a financing round led by Google ( GOOG ), Bloomberg reported Thursday, citing unnamed sources familiar with the matter. The plans have not...
Google Enters Partnership With French Shipping Giant to Support AI Adoption
Google Enters Partnership With French Shipping Giant to Support AI Adoption
Jul 18, 2024
08:49 AM EDT, 07/18/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) has entered into a partnership with French shipping company CMA CGM to accelerate the adoption of artificial intelligence across its operations, the companies said Thursday. The collaboration aims to revolutionize shipping by enhancing efficiency, responsiveness, and adaptability to market fluctuations and disruptions, the companies said. CMA's...
Market Chatter: ZimVie in Advanced Acquisition Talks With Osstem
Market Chatter: ZimVie in Advanced Acquisition Talks With Osstem
Jul 18, 2024
08:45 AM EDT, 07/18/2024 (MT Newswires) -- ZimVie ( ZIMV ) is in advanced talks with dental implant maker Osstem Implant, which has submitted a final bid to acquire ZimVie ( ZIMV ), Bloomberg News reported Thursday, citing people familiar with the matter. Osstem has been securing financing for a potential deal, the report said, citing the sources. The talks...
Copyright 2023-2026 - www.financetom.com All Rights Reserved