Nvidia EPS $0.68 vs $0.64 estimate. Rev 30.04 plan dollars vs 28.5 billion estimate

Q2

• EPS: $0.68 versus $0.64 estimate. Last year $0.27 last year.
• Revenue: $30.04 billion s$28.5 billion estimate. Last year $13.51 billion
• Data center: $26.3 billion versus $25.08 billion estimate
• adjusted gross margins and 75.7% versus 75.5% expected
• R&D expenses $3.09 billion versus $3.08 billion expected
• Adjusted operating expenses $2.79 billion versus expected $2.81 billion
• Adjusted operating income $19.94 billion versus $18.85 billion expected

October-Quarter Forecast:

• EPS: Estimate $0.71. The actual four times estimate comes in at $x.xx
• Revenue Pre-release estimate $31.7 billion (about 77% annual growth) The actual forward guidance estimate comes in higher at $32.5 billion
• The gross margin next quarter is expected at 75.5%.. The company says that gross margins expected to be in the mid 70% range.
• Company says that fiscal year operating expenses expected to grow in the mid to upper 40% range

Nvidia announced a $50 billion repurchase of shares.

Shares are volatile with shares currently down -7%

This article was written by Greg Michalowski at www.forexlive.com.