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02-11-2024

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NVIDIA (NVDA) Stock: A Deep Dive into the Latest Earnings Report

Nvidia Corporation (NVDA), a global leader in artificial intelligence (AI) and high-performance computing, consistently attracts attention from investors due to its dominant position in rapidly growing markets. Understanding its latest earnings reports is crucial for informed decision-making.

When were NVIDIA's last earnings released?

Nvidia's most recent earnings report was released on February 15, 2023, covering the fourth quarter and full year of fiscal 2023. This information can be found on the company's Investor Relations website (https://investor.nvidia.com/).

Key Takeaways from the Earnings Report:

• Revenue: Nvidia reported record revenue of $6.05 billion for the fourth quarter, exceeding analyst expectations. This represented a 21% year-over-year increase, driven by strong performance across all major product segments.
• Earnings: Adjusted earnings per share (EPS) came in at $0.88, also surpassing analyst estimates. This marked a significant increase compared to the previous year.
• Data Center Strength: The data center segment continues to be a growth driver for Nvidia, with revenue exceeding $3.6 billion in the quarter. This segment benefits from the increasing adoption of AI and high-performance computing across various industries.
• Gaming Market: While the gaming market remains challenging due to macroeconomic factors, Nvidia saw sequential improvement in this segment during the quarter.
• Guidance: Nvidia provided cautious guidance for the first quarter of fiscal 2024, citing ongoing economic uncertainty. However, the company remains optimistic about long-term growth prospects fueled by AI and other emerging technologies.

Analysis and Implications:

Nvidia's latest earnings report reflects the company's continued dominance in the AI and high-performance computing landscape. The strong performance in the data center segment highlights the increasing demand for Nvidia's GPUs in various applications, from cloud computing to scientific research.

Despite the cautious outlook, Nvidia's commitment to innovation and its leadership position in emerging technologies suggest potential for continued growth in the long term.

How to stay updated on future earnings:

• Subscribe to NVDA Investor Alerts: Visit Nvidia's Investor Relations website to sign up for email alerts, ensuring you receive immediate notifications about upcoming earnings releases.
• Follow Financial News Sources: Reputable financial news outlets such as Bloomberg, Reuters, and The Wall Street Journal provide timely coverage of earnings reports.
• Utilize Stock Tracking Apps: Various stock tracking apps (e.g., Yahoo Finance, Google Finance) offer real-time updates and analysis related to company earnings.

Remember: Investing in the stock market carries inherent risks. Conduct thorough research, consider your financial goals and risk tolerance, and consult with a financial advisor before making any investment decisions.

Note: This article is for informational purposes only and should not be considered investment advice.