NVIDIA Sees Growth in all Four Segments as Q2 Earnings, Q3 Forecast Beat Estimates

Home > NVIDIA Sees Growth in all Four Segments as Q2 Earnings, Q3 Forecast Beat Estimates NVIDIA Sees Growth in all Four Segments as Q2 Earnings, Q3 Forecast Beat Estimates August 11th, 2016 Tweet Graphics card maker NVIDIA Corporation (NASDAQ:NVDA) posted better-than-expected Q2 results after the bell today and provided an upbeat forecast, as its new Pascal-based GPUs and deep learning products are seeing big demand. The Santa Clara, CA-based company reported adjusted Q2 EPS of $0.53, beating Wall Street’s view for $0.48. Revenue jumped 23.9% from last year to $1.43 billion, also beating estimates. Looking ahead, NVDA issued Q3 guidance in the range of $1.65 to $1.71 billion, which would easily beat analysts’ view of $1.45 billion for the current quarter. Other notes from the report included: Q2 adjusted…


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