◆ NeutralNVDAAAPLTSLAAMZNGOOGGOOGL

Nvidia by the Numbers: 3 Remarkable Facts in Its Q2 Report

The Motley Fool·
Nvidia by the Numbers: 3 Remarkable Facts in Its Q2 Report

Nvidia delivered exceptional Q2 results with 106% revenue growth to $96.2 billion, surpassing guidance and Wall Street estimates. The company added nearly $50 billion in revenue—an unprecedented feat for a company of its size—and generated $29.2 billion in adjusted net income, equivalent to Apple's quarterly profit. CEO Jensen Huang forecasted 70% revenue growth for next year, putting Nvidia on track to reach $1 trillion in revenue by fiscal 2029.

Read Full Article at The Motley Fool
← Back to Financial Intelligence