NVIDIA (NVDA) Tops Q3 EPS by 37c; Guides Q4 Revenue Above Views
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. NVIDIA (NASDAQ: NVDA) reported Q3 EPS of $0.94, $0.37 better than the analyst estimate of $0.57. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.69 billion. “We had a breakout quarter – record revenue, record margins and record earnings were driven by strength across all product lines,” said Jen-Hsun Huang, founder and chief executive officer, NVIDIA. “Our new Pascal GPUs are fully ramped and enjoying great success in gaming, VR, self-driving cars and datacenter AI computing. “We have invested years of work and billions of dollars to advance deep learning. Our GPU deep learning platform runs every AI framework, and is available in cloud services from Amazon, IBM, Microsoft and Alibaba,…
Link to Full Article: NVIDIA (NVDA) Tops Q3 EPS by 37c; Guides Q4 Revenue Above Views
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