Nvidia's amazing report summarized simply!

By the SpyStocks desk · 1y ago · 1 min read

Nvidia's amazing report summarized simply! ⚡️

Record quarterly revenue of $30.0 billion, up 122% year-over-year. ⚡️

Data center revenue reached $26.3 billion, up 154% year-over-year. ⚡️

GAAP earnings per share rose 168% to $0.67, and non-GAAP earnings per share rose 152% to $0.68. ⚡️

Strong demand for H100 and high anticipation for Blackwell! ✔️

A $50 billion stock buyback was approved. 💰

Revenue guidance for Q3 fiscal year 2025 of $32.5 billion 2%, indicating continued growth. 🔼

❗The only thing that spoiled the celebration: Nvidia states that 'changes are needed to improve Blackwell production' - this was not well received by the market - because delaying the start of B100 sales, the successor to H100, to the first half of 2025 is expected to impact revenue and net income in the short term.

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