Nvidia Corp. (NASDAQ:NVDA) posted a fiscal second-quarter beat and third-quarter guidance ahead of estimates on Wednesday afternoon, but the number that moved shares came from further out on the calendar.
NVDA stock is up after earnings. See the chart and price action here.
Revenue for the quarter reached $96.22 billion, up 106% from a year earlier and above the $92.17 billion analysts polled by LSEG had projected, while adjusted earnings of $2.22 per share topped the $2.10 estimate.
Third-quarter revenue guidance of $108 billion, plus or minus 2%, also cleared the $104.2 billion Wall Street had penciled in and would mark the first time the company has topped $100 billion in quarterly sales.
70% Revenue Growth in FY 2028
