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 >
US drops bid to make Google sell AI investments in antitrust case
US drops bid to make Google sell AI investments in antitrust case
Mar 7, 2025
* Trump has vowed to continue crackdown on Big Tech * Google holds stake in Anthropic worth billions of dollars * Prosecutors: Google should tell government about AI investments (Adds comment in paragraphs 3-5, context in paragraphs 6, 14) By Jody Godoy March 7 (Reuters) - The U.S. Department of Justice on Friday dropped a proposal to force Alphabet's Google...
Billionaire Winklevoss Twins-Backed Gemini Confidentially Filed for a U.S IPO: Bloomberg
Billionaire Winklevoss Twins-Backed Gemini Confidentially Filed for a U.S IPO: Bloomberg
Mar 7, 2025
Crypto ( CRCW ) exchange and custodian Gemini has confidentially filed for an initial public offering (IPO), Bloomberg reported, citing people familiar with the matter. The firm, founded by billionaire Cameron and Tyler Winklevoss, is working with Goldman Sachs ( GS ) and Citigroup ( C/PN ), the report said, noting that no final decision has been made on the...
US drops bid to make Google sell AI investments in antitrust case
US drops bid to make Google sell AI investments in antitrust case
Mar 7, 2025
(Reuters) -The U.S. Department of Justice on Friday dropped a proposal to force Alphabet's Google to sell its investments in artificial intelligence companies, including OpenAI competitor Anthropic, to boost competition in online search. The DOJ and a coalition of 38 state attorneys general still seek a court order requiring Google to sell its Chrome browser and take other measures aimed...
Crypto Exchange Kraken is Mulling IPO in 2026: Bloomberg
Crypto Exchange Kraken is Mulling IPO in 2026: Bloomberg
Mar 7, 2025
Crypto ( CRCW ) exchange Kraken is considering an initial public offering (IPO) by the first quarter of 2026, as the company believes the regulatory environment in the U.S. has sufficiently changed to make a public listing viable, Bloomberg reported, citing people familiar with the matter. Like many other companies and executives in the digital assets industry, the exchange was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved