From Financial Modeling Prep: 2024-11-21 04:14:55

Nvidia reported strong Q3 financial results, with EPS at $0.81 (above expectations) and revenue at $35.1 billion (exceeding estimates). Data Center Revenue reached $30.8 billion, up 17% QoQ and 112% YoY.

Despite positive earnings, Nvidia’s Blackwell AI chips face supply constraints until fiscal 2026, impacting AI ambitions. Q4 Revenue Outlook is $37.5 billion, but Nvidia shares fell 2% in after-hours trading due to cautious investor sentiment.

For deeper insights, utilize Earnings Transcripts API to explore management’s comments and Earnings Calendar API to track future announcements. Nvidia’s strong performance highlights AI dominance but also reveals challenges like supply constraints and tempered growth expectations.



Read more at Financial Modeling Prep:: Nvidia Q3 Earnings: A Snapshot of Performance and Challenges