NVIDIA Earnings Are Out: Here’s What You Need To Know

The main event of earnings season is here. NVIDIA (Nasdaq: NVDA) just reported earnings. Here’s what you need to know.

The Main Numbers

Revenue: $30.04 Billion (versus Wall Street expectations of $28.73 billion) 
Earnings Per Share: $.68 (versus Wall Street expectations of $.64)

Outlook for the next quarter is:

Revenue of $32.5 billion 
Adjusted gross margins of 75%

The Market Reaction?

This post appeared first on 24/7 Wall St.