Company News: NVIDIA (NVDA) quarterly results beat analysts’ estimates

Market news

20 August 2020

Company News: NVIDIA (NVDA) quarterly results beat analysts’ estimates

NVIDIA (NVDA) reported Q2 FY 2020 earnings of $2.18 per share, beating analysts’ consensus estimate of $1.97 per share.

The company’s quarterly revenues amounted to $3.87 bln (+50% y/y), beating analysts’ consensus estimate of $3.65 bln.

The company also announced upside guidance for Q3 FY 2020, projecting revenues of $4.40 bln, +/-2%, versus analysts’ consensus estimate of $3.97 bln.

NVDA fell to $480.00 (-1.14 %) in pre-market trading.

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