NVIDIA (NVDA) Tops Q4 EPS by 22c, Revs Beat

NVIDIA (NASDAQ: NVDA) reported Q4 EPS of $1.89, $0.22 better than the analyst estimate of $1.67. Revenue for the quarter came in at $3.11 billion versus the consensus estimate of $2.97 billion.

Adoption of NVIDIA accelerated computing drove excellent results, with record data center revenue,” said Jensen Huang, founder and CEO of NVIDIA. “Our initiatives are achieving great success.

“NVIDIA RTX ray tracing is reinventing computer graphics, driving powerful adoption across gaming, VR and design markets, while opening new opportunities in rendering and cloud gaming. NVIDIA AI is enabling breakthroughs in language understanding, conversational AI and recommendation engines ― the core algorithms that power the internet today. And new NVIDIA computing applications in 5G, genomics, robotics and autonomous vehicles enable us to continue important work that has great impact.

“We are well positioned for the greatest technology trends of our time,” he said.

Sees Q1 revenue of $3.00 billion, plus or minus 2 percent, versus the consensus of $2.85 billion.

For earnings history and earnings-related data on NVIDIA (NVDA) click here.

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