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 >
Numinus Wellness Notes MindMed's
Numinus Wellness Notes MindMed's "Positive" Results from Phase 2B Clinical Trials of MM120 for Generalized Anxiety Disorder
Mar 8, 2024
07:40 AM EST, 03/08/2024 (MT Newswires) -- Numinus Wellness Inc. ( NUMIF ) , a mental health care company advancing behavioral health treatments, on Friday noted positive data generated from Mind Medicine in its Phase 2b clinical trial of MM120 (lysergide d-tartrate) for the treatment of generalized anxiety disorder. The study removed variables such as additional medications and psychotherapy so...
Goodyear Tire & Rubber to Close Malaysia Plant on June 30
Goodyear Tire & Rubber to Close Malaysia Plant on June 30
Mar 8, 2024
07:24 AM EST, 03/08/2024 (MT Newswires) -- Goodyear Tire & Rubber ( GT ) plans to close its plant in Malaysia on June 30 as part of a restructuring program that targets $1 billion in cost reductions by 2025, according to reports published as early as Thursday. Reuters cited the company and Malaysia's investment promotion agency in its report. In...
Extendicare Swings to Profit in Q4, Revenue Climbs; Declares Dividend
Extendicare Swings to Profit in Q4, Revenue Climbs; Declares Dividend
Mar 8, 2024
07:17 AM EST, 03/08/2024 (MT Newswires) -- Extendicare ( EXETF ) overnight Thursday said that it swung to fourth-quarter net earnings of $8.6 million, or $0.10 per diluted share, from a loss of $1.7 million, or $0.02 per share, a year earlier. Adjusted funds from operations for the quarter ended Dec. 31, 2023, were $19.1 million, or $0.21 per diluted...
US military lifts grounding of V-22 Osprey, three months after fatal Japan crash
US military lifts grounding of V-22 Osprey, three months after fatal Japan crash
Mar 8, 2024
TOKYO, March 8 (Reuters) - U.S. Naval Air Systems Command has issued a flight clearance for the V-22 Osprey, three months after the military aircraft was grounded following a fatal crash in Japan, the U.S. Forces Japan and Japan's defence ministry said on Friday. The return to flight timeline for the V-22 in Japan continues to be closely coordinated between...
Copyright 2023-2026 - www.financetom.com All Rights Reserved