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UPDATE: Nvidia Posts Better-Than-Expected Q1 Revenue, Issues Upbeat Q2 Revenue Forecast

Courtesy of Benzinga.

Nvidia Corp (NASDAQ: NVDA) posted better-than-expected first-quarter revenue.

Nvidia posted its Q1 net income at $60.4 million, or $0.10 per share. It posted its quarterly revenue at $924.9 billion, versus analysts’ estimates of $916 million.

Nvidia projects second-quarter revenue between $990 million and $1.05 billion. However, analysts were expecting revenue of $978 million.

Nvidia shares jumped 7.89% to $13.40 in pre-market trading.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.


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