Bulls anticipate further increases from the GPU giant’s October quarter (fiscal third quarter) release. Nvidia is expected to report revenue of $5.78 billion (down 19% yearly) and non-GAAP EPS of $0.71, according to analysts surveyed by FactSet.
In its earnings presentations, Nvidia often provides guidance for quarterly sales. The company’s expected sales for the January quarter is $6.07 billion, a decline of 21%.
NVIDIA announced earnings per share of 0.58 dollars on revenue of 5.93 billion dollars. Analysts anticipated EPS of 0.71 dollars on revenue of 5.8 billion dollars.
