Nvidia Q3 FY23 results

Revenue $5.93 billion, down 12% from last quarter, profit up 4%.

Andy Patrizio

Nvidia reported revenue for its third fiscal quarter ended October 30, 2022, of $5.93 billion, down 17% from a year ago and down 12% from the previous quarter. GAAP earnings per diluted share for the quarter were $0.27, down 72% from a year ago and up 4% from the previous quarter. Non-GAAP earnings per diluted share were $0.58, down 50% from a year ago and up 14% from the previous quarter. “We are quickly adapting to the macro environment, correcting inventory levels and paving the way for new products,” said Jensen Huang, founder and CEO of Nvidia. “The ramp of

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