From Nasdaq: 2024-11-20 18:00:06

Nvidia reported revenue of $35.08 billion for the quarter ending October 2024, up 93.6% from last year, with an EPS of $0.81. The company beat estimates with a revenue surprise of +5.27% and an EPS surprise of +8.00%. Key metrics show significant growth in gaming, data center, and automotive sectors.

Shares of Nvidia have returned +2.4% in the past month, outperforming the Zacks S&P 500 composite. The stock currently holds a Zacks Rank #1 (Strong Buy), indicating potential for further growth. Analysts project Nvidia to outperform the broader market in the near term, highlighting its strong performance and growth prospects.

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Read more at Nasdaq: Nvidia (NVDA) Reports Q3 Earnings: What Key Metrics Have to Say