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15.11.2019 20:47

Company News: NVIDIA (NVDA) quarterly results beat analysts’ expectations

NVIDIA (NVDA) reported Q3 FY 2019 earnings of $1.78 per share (versus $1.84 in Q3 FY 2018), beating analysts’ consensus estimate of $1.57.

The company’s quarterly revenues amounted to $3.014 bln (-5.2% y/y), beating analysts’ consensus estimate of $2.915 bln.

The company also issued downside guidance for Q4 FY 2019, projecting revenues of $2.89-3.01 bln vs. analysts’ consensus estimate of $3.08 bln and EPS of $1.56-1.75 vs. analysts’ consensus estimate of $1.70.

NVDA rose to $210.00 (+0.10%) in pre-market trading.


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