Investing.com – NVIDIA (NASDAQ:) reported on Wednesday second quarter that beat analysts’ forecasts and revenue that topped expectations.
NVIDIA announced earnings per share of $2.18 on revenue of $3.87B. Analysts polled by Investing.com anticipated EPS of $1.98 on revenue of $3.65B.
NVIDIA shares are up 106% from the beginning of the year, still down 2.75% from its 52 week high of $499.70 set on August 18. They are outperforming the which is up 4.51% from the start of the year.
NVIDIA shares gained 0.83% in after-hours trade following the report.
NVIDIA follows other major Technology sector earnings this month
NVIDIA’s report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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