Compared to Estimates, Nvidia (NVDA) Q1 Earnings: A Look at Key Metrics
From Nasdaq: 2024-05-22 18:00:04
Nvidia reported $26.04 billion in revenue for Q1 2024, up 262.1% YoY, with EPS at $6.12 compared to $1.09 a year ago. The company surpassed revenue and EPS estimates, with Gaming revenue at $2.65 billion, +18.2% YoY, and Data Center revenue at $22.56 billion, +426.7% YoY.
Investors analyze Nvidia’s key metrics for accurate financial health assessment. Shares returned +15.7% in the past month, with a Zacks Rank #2 (Buy). Zacks Investment Research offers a Special Report on 5 Dividend Stocks for Retirement, providing insights and wisdom for retirement planning strategies. Download the Report for free for diverse dividend-paying stock recommendations.
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