From Financial Modeling Prep: 2024-11-21 06:21:00

Nvidia’s Q3 results beat expectations, but Q4 guidance fell short due to strong AI demand. Shares dropped by over 2% in pre-market trading. Q3 earnings per share were $0.81 with revenue of $35.1 billion, surpassing forecasts. Data center segment revenue reached $30.8 billion, up 17% from the previous quarter and 112% year-over-year.

Q4 revenue projected at $37.5 billion, slightly above expected $37.09 billion. GAAP gross margins forecasted at 73.0%, with a possible variance of 50 basis points.



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