earnings
confidence high
sentiment positive
materiality 0.85
NVIDIA Q3 FY2024 revenue $18.12B (+206% YoY); guides Q4 revenue $20.0B
NVIDIA CORP
2024-Q3 EPS reported
$7.01
revenue$38,819,000,000
- Record revenue $18.12B (+206% YoY, +34% QoQ); GAAP EPS $3.71, Non-GAAP $4.02.
- Data Center revenue record $14.51B (+279% YoY, +41% QoQ) driven by Hopper GPU demand for AI.
- Gaming revenue $2.86B (+81% YoY) on strong RTX 40 series sales; dividend $0.04/share.
- Q4 revenue guidance $20.0B (+-2%); GAAP gross margin guided 74.5%, Non-GAAP 75.5%.
- US export controls to impact China sales in Q4, but expects strong growth elsewhere to offset.