NVIDIA (NVDA) reported Q1 FY 2020 earnings of $1.80 per share (versus $0.88 per share in Q1 FY 2019), beating analysts’ consensus estimate of $1.53 per share.
The company’s quarterly revenues amounted to $3.080 bln (+38.7% y/y), beating analysts’ consensus estimate of $2.998 bln.
The company also issued upside guidance for Q2 FY 2020, projecting revenue of $3.65 bln, +/- 2%, versus analysts’ consensus estimate of $3.366 bln.
NVDA rose to $354.00 (+0.85%) in pre-market trading.