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Nvidia Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Q3 Revenue Outlook Issued; Shares Down After Hours
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Nvidia Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Q3 Revenue Outlook Issued; Shares Down After Hours
Aug 31, 2024 3:54 AM

04:42 PM EDT, 08/28/2024 (MT Newswires) -- Nvidia ( NVDA ) reported fiscal Q2 non-GAAP earnings late Wednesday of $0.68 per diluted share, up from $0.27 a year earlier.

Analysts polled by Capital IQ expected $0.64.

Revenue for the quarter ended July 28 was $30.04 billion, up from $13.51 billion a year earlier.

Analysts surveyed by Capital IQ expected $28.75 billion.

The company expects fiscal Q3 revenue of $32.5 billion, plus or minus 2%. Analysts expect $31.77 billion.

Nvidia ( NVDA ) maintained its quarterly cash dividend at $0.01 per share, to be paid on Oct. 3 to shareholders of record on Sept. 12.

Nvidia ( NVDA ) shares were down nearly 3% in recent after-hours activity.

Price: 122.38, Change: -3.23, Percent Change: -2.57

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