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Technology Stocks : NVIDIA Corporation (NVDA)
NVDA 188.23+0.1%Nov 7 9:30 AM EST

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From: Frank Sully2/16/2022 6:01:56 PM
   of 2646
 
NVIDIA Beats Once Again

I’ve been eagerly expecting NVIDIA’s earnings, hoping they beat analysts’ estimates as usual Which they did comfortably. Good guidance too.

Nvidia Non-GAAP EPS of $1.32 beats by $0.10, revenue of $7.64B beats by $210M

Feb. 16, 2022 4:21 PM ET
  • Revenue of $7.64B (+52.8% Y/Y) beats by $210M.
  • Shares -3%.
  • Revenue is expected to be $8.10 billion, plus or minus 2 percent vs. $7.28B consensus.
  • GAAP and non-GAAP gross margins are expected to be 65.2 percent and 67.0 percent, respectively, plus or minus 50 basis points.
  • GAAP operating expenses are expected to be $3.55 billion, including the Arm Write-off of $1.36 billion. Non-GAAP operating expenses are expected to be $1.60 billion.
  • GAAP and non-GAAP other income and expense are both expected to be an expense of approximately $55 million, excluding gains and losses from non-affiliated investments.
  • GAAP and non-GAAP tax rates are expected to be 11 percent and 13 percent, respectively, plus or minus 1 percent, excluding any discrete items.
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