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Nvidia (NVDA.US) exceeded expectations with its fourth-quarter results, outperforming Wall Street projections for both revenue and earnings. The semiconductor giant posted adjusted earnings per share of $5.16, higher than the estimated $4.60. Revenue came in at $22.10 billion, surpassing the anticipated $20.41 billion. Data center revenue hit $18.4 billion, exceeding the forecast of $17.21 billion. In the announcement, the company’s founder and CEO, Jensen Huang, highlighted the pivotal moment for accelerated computing and generative AI, stating, “We are witnessing a global surge in demand across corporations, sectors, and countries.”
For the full fiscal year, total revenue reached $60.9 billion, up 126% YoY, and adjusted EPS came in at $12.96, up 288% YoY.
Revenue: $24 billion (±2%) vs. $22.17 billion
(Non-GAAP) Gross margin: 77% (±50 basis points)
Revenue: $22.1 billion
(Non-GAAP) Net profit: $12.84 billion
(Non-GAAP) EPS: $5.16
(Non-GAAP) Gross profit margin: 76.7%
Datacenter: $18.4 billion, 409% YoY
Gaming: $2.9 billion, 56% YoY
Professional Visualization: $463 million, 105% YoY
Automotive: $281 million, -4% YoY
(Nvidia Stock Performance One-year Chart)
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