The Santa Clara, California- based multinational technology company, Nvidia is expected to report its second-quarter earnings of $1.02 per share, which represents year-over-year growth of over 50% from $2.18 per share seen in the same period a year ago.
The company, which designs graphics processing units for the gaming and professional markets, as well as system on a chip unit for the mobile computing and automotive market would post year-over-year revenue growth of over 60% to $6.3 billion. The company has delivered an earnings surprise in each of the last four consecutive quarters.
Nvidia shares have gained over 54% so far this year. The stocks ended 1.42% higher at $201.88 on Friday. But next week’s better-than-expected results could help the stock hit new all-time highs.
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NVDA
The Santa Clara, California- based multinational technology company, Nvidia is expected to report its second-quarter earnings of $1.02 per share, which represents year-over-year growth of over 50% from $2.18 per share seen in the same period a year ago.
The company, which designs graphics processing units for the gaming and professional markets, as well as system on a chip unit for the mobile computing and automotive market would post year-over-year revenue growth of over 60% to $6.3 billion. The company has delivered an earnings surprise in each of the last four consecutive quarters.
Nvidia shares have gained over 54% so far this year. The stocks ended 1.42% higher at $201.88 on Friday. But next week’s better-than-expected results could help the stock hit new all-time highs.