secwatch.observer — SEC 8-K summary
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Issuer:     NVIDIA CORP (NVDA)
CIK:        0001045810
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0001045810-22-000163
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVIDIA Q3 FY2023 revenue falls 17% YoY; GAAP EPS down 72% to $0.27
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- Revenue $5.93B (-17% YoY); GAAP EPS $0.27 (-72% YoY); non-GAAP EPS $0.58 (-50% YoY).
- Data Center revenue $3.83B (+31% YoY); Gaming $1.57B (-51% YoY) on channel inventory correction.
- Q3 GAAP gross margin 53.6% vs 65.2% a year ago; $702M inventory charge largely from China demand softness.
- Q4 FY2024 outlook: revenue ~$6.00B (±2%); GAAP gross margin ~63.2%.
- Returned $3.75B to shareholders in Q3 via buybacks & dividends; $8.28B remaining under repurchase authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045810/000104581022000163/0001045810-22-000163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045810/000104581022000163/nvda-20221116.htm
  HTML page:      https://secwatch.observer/filing/0001045810-22-000163

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