#What time nvda earnings professional

Nvidia also said its board approved an expansion of the company’s stock repurchase program to $15 billion. Heading into tonight’s results, the stock was down 42% this year. Nvidia shares are down 4.3% in premarket trading Thruisday. Nvidia CEO Jensen Huang said in statement that the company posted record results in the data center and gaming segments “against the backdrop of a challenging macro environment.” Nvidia added that it saw lower demand in the quarter for processors used in entry-level notebook computers. Kress said that while the volume of graphics processors used for crypto mining isn’t clear, it is possible that sales have slipped amid the recent decline in cryptocurrency prices. The company also said that cryptocurrency mining processor revenue was nominal in the quarter, compared with $155 million in the year ago period.

#What time nvda earnings professional

Revenue in professional visualization was $622 million, up 67% from a year ago, but off 3% from the previous quarter.Īutomotive and robotics segment revenue was $138 million, down 10% from a year ago, but up 10% from the fiscal fourth quarter. Gaming segment revenue was $3.62 billion, up 31%, and 6% sequentially. (RTTNews) - NVIDIA Corporation (NVDA) will host a conference call at 5:00 PM ET on November 17, 2021, to discuss Q3 22 earnings results. she expect even higher revenue in the July quarter. Kress says revenue from the segment was a record, with strong demand from leading cloud service providers like Nvidia said data center-related revenue was $3.75 billion, up 83% from a year ago and 15% higher sequentially, and now represent the company’s single-largest end market. In the April quarter, gross margin was 67.1% on a non-GAAP basis, and 65.5% under generally accepted accounting principles. If this estimate comes to fruition, Nvidia’s quarterly revenue will have decreased by 2.26 billion and its. The company sees July quarter gross margin of 65.1% on a GAAP basis, and 67.1% on a non-GAAP basis. Nvidia is expected to report revenue of 5.38 billion and earnings worth 3.28 per share. Kress confirms that guidance would have been above Wall Street estimates without those factors. On an adjusted basis, Nvidia earned $1.36 a share, ahead of the analyst consensus of $1.29 a share.īut for the July quarter, Nvidia sees revenue of $8.1 billion, give or take 2%, after a $500 million reduction “relating to Russia and the Covid lockdowns in China.” Wall Street consensus had called for $8.5 billion. Nvidia posted revenue of $8.29 billion, up 46% from a year ago, and well ahead of the company’s forecast and Wall Street’s estimate, both $8.1 billion. Nvidia’s results for the fiscal first quarter ended April 30 were actually ahead of expectations. Revenue: 6.7 billion versus 8.10 billion expected. She noted that the China issues affects both supply and demand, with the economy in some areas effectively shut down. Here’s how Nvidia did versus Refinitiv consensus estimates: EPS: 0.51, adjusted, versus 1.26 expected. Nvidia CFO Colette Kress said in an interview that ending shipments to Russia affected end-market sales to gaming, high-end graphics, and data center customers in the country.