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 >
GE Vernova to acquire remaining stake in Prolec JV for $5.28 billion
GE Vernova to acquire remaining stake in Prolec JV for $5.28 billion
Oct 21, 2025
(Reuters) -GE Vernova ( GEV ) said on Tuesday that it would acquire the remaining 50% stake of Prolec GE, its unconsolidated joint venture with Xignux. The company said it would pay $5.28 billion at closing, funded equally between cash and debt. The power equipment maker said the deal would boost its Electrification segment's growth, betting on rising demand for...
Cushman & Wakefield Extends Credit Facility
Cushman & Wakefield Extends Credit Facility
Oct 21, 2025
05:23 PM EDT, 10/21/2025 (MT Newswires) -- Cushman & Wakefield ( CWK ) said Tuesday it amended its credit agreement to extend the maturity date of its revolving credit facility to Oct. 21, 2030, and reduced total commitments to $1 billion from $1.10 billion to align with its working-capital strategy. The amendment also lowers the applicable interest for certain levels...
Exclusive-LVMH explores sale of its 50% stake in Rihanna-backed Fenty Beauty, sources say
Exclusive-LVMH explores sale of its 50% stake in Rihanna-backed Fenty Beauty, sources say
Oct 21, 2025
(Reuters) -Luxury goods giant LVMH is exploring a sale of its 50% stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, according to four people familiar with the matter. The company is working with investment bank Evercore on the sale, three of the people said. All four asked not to be identified because the process...
AST SpaceMobile to Offer $850 Million in Convertible Notes Due 2036; Shares Fall After Hours
AST SpaceMobile to Offer $850 Million in Convertible Notes Due 2036; Shares Fall After Hours
Oct 21, 2025
05:23 PM EDT, 10/21/2025 (MT Newswires) -- AST SpaceMobile ( ASTS ) plans a private offering of $850 million in convertible senior unsecured notes due 2036 to institutional buyers. Initial purchasers will have a 13-day option to buy up to an additional $150 million of the notes, the company said Tuesday in a statement. Net proceeds will be used for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved