NVIDIA Corp

NASDAQ:NVDA   3:59:59 PM EDT
744.71
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Other Pre-Announcement

NVIDIA Announces Financial Results For First Quarter Fiscal 2022

Published: 05/26/2021 21:27 GMT
NVIDIA Corp (NVDA) - Nvidia Announces Financial Results for First Quarter Fiscal 2022.
Q1 Non-GAAP Earnings per Share $3.66.
Q1 GAAP Earnings per Share $3.03.
Q1 Revenue $5.66 Billion Versus Refinitiv Ibes Estimate of $5.41 Billion.
Q1 Earnings per Share Estimate $3.28 -- Refinitiv Ibes Data (analyst estimates).
Qtrly Data Center Revenue of $2.05 Billion, Up 79 Percent From a Year Earlier.
Qtrly Gaming Revenue of $2.76 Billion, Up 106 Percent From a Year Earlier.
Q2 Revenue is Expected to Be $6.30 Billion, Plus Or Minus 2 Percent.
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Q2 GAAP and Non-GAAP Gross Margins Are Expected to Be 64.6 Percent and 66.5 Percent, Respectively, Plus Or Minus 50 Basis Points.
Qtrly GAAP Gross Margin 64.1% Versus 65.1% Reported Last Year.
Q2 GAAP and Non-GAAP Other Income and Expense Are Both Expected to Be an Expense of Approximately $50 Million.
Qtrly Non-GAAP Gross Margin 66.2% Versus 65.8% Reported Last Year.
Q2 Revenue View $5.50 Billion -- Refinitiv Ibes Data (analyst estimates).