Financials – Jon Peddie Research

Nvidia far exceeds expectations for fiscal Q2’24

This trend is expected to continue in the next quarter.

Revenue rose a stunning 101% over the prior year to $13.5 billion, and the company is projecting higher for the next quarter.

Like Intel, sales were slightly up over Q1 but down year over year.

But overall, revenue and income still down YoY.

But overall, revenue and income still down YoY.

Sales beat expectations but were down 3% YoY, EPS beats estimates.

Sales beat expectations but were down 3% YoY, EPS beats estimates.

Continued softness in handset sales cause Q1 revenue decline by 17%, net income down 33% Y-Y.

Continued softness in handset sales cause Q1 revenue decline by 17%, net income down 33% Y-Y.

Q1 revenue was down 9% year over year, with particular softness in the client business.

Q1 revenue was down 9% year over year, with particular softness in the client business.

Sales were down, but the loss was less than expected; revenue of $11.7 billion was better than the $11.1 billion predicted, but still down 36.3% YoY.