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NVIDIA: Third quarter net profit of $19.31 billion, an increase of 109%

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2024-11-20 22:27:29
NVIDIA's third quarter revenue was $35.10 billion, an increase of 93.7% year-on-year. Analysts expect $33.25 billion, third quarter data center revenue was $30.80 billion, and expected $29.14 billion; third quarter net profit was $19.31 billion, an increase of 109% year-on-year. Market expectations were $16.93 billion; third quarter adjusted earnings per share were $0.81, estimated at $0.74. Demand for NVIDIA's Blackwell product line will exceed supply in the coming quarters.
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