Nvidia: Q4 adjusted earnings up 67%
(CercleFinance.com) - On Wednesday evening Nvidia unveiled adjusted net income (non-GAAP) that is up 67% at 1.
96 billion dollars for its fourth quarter of 2020-21, or 3.10 dollars per share, i.e. EPS significantly above analysts' expectations.
The supplier of programmable graphics processors posted revenue growth of 61% to 5 billion dollars, and also benefited from an adjusted gross margin improved by 10 basis points to 65.5%.
For the current quarter, NVIDIA says it expects revenue of 5.3 billion dollars, plus or minus 2%, as well as an adjusted gross margin of 66%, plus or minus 50 basis points.
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96 billion dollars for its fourth quarter of 2020-21, or 3.10 dollars per share, i.e. EPS significantly above analysts' expectations.
The supplier of programmable graphics processors posted revenue growth of 61% to 5 billion dollars, and also benefited from an adjusted gross margin improved by 10 basis points to 65.5%.
For the current quarter, NVIDIA says it expects revenue of 5.3 billion dollars, plus or minus 2%, as well as an adjusted gross margin of 66%, plus or minus 50 basis points.
Copyright (c) 2021 CercleFinance.com. All rights reserved.