NVIDIA (NVDA) reported Q3 FY 2020 earnings of $2.91 per share (versus $1.78 per share in Q3 FY 2019), beating analysts’ consensus estimate of $1.92 per share.
The company’s quarterly revenues amounted to $4.726 bln (+56.8% y/y), beating analysts’ consensus estimate of $4.422 bln.
The company also issued upside guidance for Q4 FY 2020, projecting revenues of $4.80 bln, +/- 2%, equating to $4.704-4.896 bln versus analysts’ consensus estimate of $4.43 bln.
NVDA fell to $529.00 (-1.52%) in pre-market trading.