NVIDIA reports record Q2 revenue $13.51B, up 101% YoY; guides Q3 revenue $16.0B

NVIDIA CORP

2024-Q2 EPS reported $3.30 revenue$20,699,000,000

Record revenue $13.51B (+101% YoY); GAAP EPS $2.48 (+854% YoY), non-GAAP EPS $2.70 (+429% YoY).
Data Center revenue record $10.32B (+171% YoY) driven by generative AI demand for Hopper GPUs.
Q3 FY2024 revenue guidance $16.0B (+/-2%) with GAAP gross margin 71.5%.
Board approved additional $25B share repurchase authorization; quarterly dividend $0.04/share.
Operating cash flow $6.35B, up from $1.27B a year ago; accounts receivable $7.07B.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NVIDIA CORP reported second quarter ended July 30, 2023 results: revenue $13.51 billion, net income $6,188, EPS $2.48. Guidance initiated.

Period: second quarter ended July 30, 2023
Revenue: $13.51 billion
Net income: $6,188
EPS: $2.48
Guidance: initiated
Result: reported results

Exact text from the filing

NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 30, 2023, of $13.51 billion

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Source: SEC EDGAR

accession 0001045810-23-000171

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