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Nvidia Smashes Estimates With Record Revenue And Blowout Guidance; Stock Jumps
Nvidia Smashes Estimates With Record Revenue And Blowout Guidance; Stock Jumps
Heading into NVDA's earnings, we said that all else equal, the bare minimum for the stock - which has underperformed peers rather dramatically in recent months - to outperform, was to (solidly) beat expectations of another 2+2 quarter, i.e., beat the guide by $2BN and beat Street expectations for the April quarter guide by $2BN.
What they got was a blowout 2.2+5: Q4 revenues beating by $2.2BN and guidance beating the midpoint by about $5BN
Here are the details from the just...
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