Nvidia + 6% on Q1 beats, resumption of games – NVIDIA Corporation (NASDAQ: NVDA)



[ad_1]

Nvidia (NASDAQ: NVDA) + 6.2% after the T1 beats with revenues down 31% Y / Y. The second quarter forecasts have a business figure of 2.5 to 2.6 billion dollars (estimate: 2.53 billion dollars) with a gross margin of 59.2 to 59.5%. Rival AMD (NASDAQ: AMD) is up 0.8%.

Revenue distribution: games, $ 1.05 billion (estimate: $ 0.93 billion, + 11% Q / Q, -39% AA / Y); Visualization by zone, $ 266 million (estimate: $ 289.9 million, -9% Q / Q); Data center, $ 634 million (estimate: $ 663.7 million, -7% Q / Q); Auto, $ 166 million (estimate: $ 162.3 million, + 2% Q / Q); OEM and other, $ 99 million (estimate: $ 111.5 million, -15% Q / Q).

Non-GAAP gross margin was 59%, compared with 58.9%.

Operating expenses were $ 753 million compared to an estimate of $ 760.2 million.

The earnings call begins at 5:30 pm ET with a webcast here.

Press Release / CFO Comments

Previously: Nvidia beats $ 0.07, beats the turnover (May 16)

Previously: NVIDIA declares a dividend of $ 0.16 (May 16)

[ad_2]

Source link