NVIDIA reported third-quarter earnings per share of $2.22, exceeding analyst estimates by $0.14, as revenue climbed to $96.2 billion compared with a consensus forecast of $91.9 billion.
The company’s quarterly results reflected strong demand for its AI and data center products, driving revenue growth. NVIDIA also provided guidance for the current quarter, projecting revenue of $108 billion, which surpasses the $105.16 billion consensus estimate.
The chipmaker’s stock closed at $209.66, up 15.45% over the past 12 months despite a marginal decline of 0.70% over the last three months. According to InvestingPro, NVIDIA’s financial health remains robust, with a "great performance" rating based on recent revisions.
Over the past 90 days, 11 earnings-per-share estimates for NVIDIA were revised upward, with no downward revisions recorded.
