NVDA +4%: Numbers roughly in line/slightly light vs bogeys + announces 10 to 1 stock split
Getting close to $1k….
Q2 revs $28B vs street at $26.8B and bogeys of $28-$29B
Q1 total revs $26B in line with bogeys
Q1 DC revs $22.6B vs street at $21B and bogey closer to $23B
Q1 GM 78.9% vs street at 77%
Q1 Results
- Revenue $26.04B vs. $7.19B y/y, EST $24.69B
- Data center revenue $22.6B vs. $4.28B y/y, EST $21.13B
- Professional Visualization revenue $427M, +45% y/y, EST $479.1M
- Automotive revenue $329M, +11% y/y, EST $292.4M
- ADJ gross margin 78.9% vs. 66.8% y/y, EST 77%
- R&D expenses $2.72B, +45% y/y, EST $2.73B
- ADJ operating expenses $2.50B, +43% y/y, EST $2.51B
- ADJ operating income $18.06B vs. $3.05B y/y, EST $16.46B
- Free cash flow $14.94B vs. $2.64B y/y, EST $12.29B
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