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 >
Meta to temporarily shut down social media platform Threads in Turkey
Meta to temporarily shut down social media platform Threads in Turkey
Apr 15, 2024
(Reuters) -Meta Platforms said on Monday it would temporarily shut down its social media platform Threads in Turkey from April 29 to comply with an interim order of the Turkish competition authority. There would be no impact to Meta's other social media platforms and services including Facebook, Instagram and WhatsApp in Turkey, the company said in a blog post. Last...
Why Tesla Rival Nio Is Up Over 1% Premarket Today
Why Tesla Rival Nio Is Up Over 1% Premarket Today
Apr 15, 2024
Chinese EV startup Nio Inc ( NIO ).’s ADR shares surged in premarket trading on Monday, mirroring the positive trend in U.S. index futures.  The rise coincides with the company’s announcement that it will unveil the 2024 ET5 sedan and ES7 SUV at the upcoming Beijing International Automotive Exhibition (April 25-May 4). Nio’s theme for the event is “Lead the Change,” highlighting the...
Top Premarket Decliners
Top Premarket Decliners
Apr 15, 2024
07:38 AM EDT, 04/15/2024 (MT Newswires) -- New America High Income Fund ( HYB ) shares slumped more than 59% Monday premarket following a muted session. NextPlat Corp. ( NXPL ) shares retreated 19%, reversing Friday's gains. Universe Pharmaceuticals ( UPC ) shares were down almost 17% following a 6.2% increase in the previous session. Neumora Therapeutics ( NMRA )...
BRIEF-Canopy Growth Announces Results Of Special Meeting Of Shareholders
BRIEF-Canopy Growth Announces Results Of Special Meeting Of Shareholders
Apr 15, 2024
April 15 (Reuters) - Canopy Growth Corp ( CGC ): * CANOPY GROWTH ANNOUNCES RESULTS OF SPECIAL MEETING OF SHAREHOLDERS * CANOPY GROWTH CORP ( CGC ): SHAREHOLDERS OVERWHELMINGLY APPROVE CREATION OF A NEW CLASS OF EXCHANGEABLE SHARES OF CANOPY GROWTH * CANOPY GROWTH CORP ( CGC ) - CANOPY USA EXPECTED TO ADVANCE IMMINENTLY WITH TRIGGERING ACQUISITION OF U.S....
Copyright 2023-2026 - www.financetom.com All Rights Reserved