NVIDIA Earnings, Income Beat in Q3
© Reuters. NVIDIA Earnings, Revenue Beat in Q3
Investing.com – NVIDIA (NASDAQ:) reported on Wednesday third quarter that beat analysts’ forecasts and revenue that topped expectations.
NVIDIA announced earnings per share of $2.91 on revenue of $4.73B. Analysts polled by Investing.com anticipated EPS of $2.57 on revenue of $4.41B.
NVIDIA shares are up 128% from the beginning of the year, still down 8.65% from its 52 week high of $588.01 set on September 2. They are outperforming the S&P 500 which is up 10.42% from the start of the year.
NVIDIA shares gained 1.48% in after-hours trade following the report.
NVIDIA follows other major Technology sector earnings this month
NVIDIA’s report follows an earnings beat by Apple on October 29, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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