Nvidia Stock Falls After Earning Beat

Published 2 months ago Neutral
Nvidia Stock Falls After Earning Beat
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Nvidia reported solid earnings late Wednesday and provided a revenue forecast for the October quarter that was above expectations. For its July quarter, the chip maker reported adjusted earnings per share of $1.05, compared to Wall Street’s consensus estimate of $1.01, according to FactSet. Revenue for the fiscal second quarter was $46.7 billion, ahead of analysts' expectations for $46.05 billion.

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