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Nvidia's Performance: Investors Disappointed Despite Revenue Growth

By Staff
Nvidia's Performance: Investors Disappointed Despite Revenue Growth
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Nvidia announced second-quarter results that exceeded analysts' estimates, but performance in data centers and sales to China disappointed investors.

Adjusted earnings per share were $1.05, compared to an estimate of $1.01, while revenue reached $46.74 billion, surpassing forecasts of $46.06 billion. Net profit increased by 59% to $25.78 billion.

However, data center revenue amounted to $41.1 billion, missing analysts' forecasts of $41.2 billion. Nvidia's stock fell in after-hours trading.

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#China
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#revenue
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#Nvidia
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#data centers
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#profits
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Source: protothema.gr