Nvidia Earnings Release Time

NVIDIA's Q4 Earnings: Record Revenue and Strong Data Center Performance

Impressive Fiscal Quarter Results

NVIDIA Corporation has announced its financial results for the fourth quarter and fiscal year 2024. The company reported record quarterly revenue of $22.1 billion, a significant increase of 22% from the previous quarter and 26.5% year-over-year.

Data Center Revenue

A notable highlight of the earnings report was the strong performance of NVIDIA's Data Center business. Revenue for this segment reached $18.4 billion, marking an increase of 22% from Q3 and a substantial 83% year-over-year.

Earnings per Share

On a per-share basis, NVIDIA reported earnings of $5.16 for the quarter, exceeding expectations.

Recent Company Updates

Since the initial earnings announcement on February 21st, 2024, NVIDIA has provided updates on its fiscal performance. As of May 17th, 2024, at 4:00 PM ET, its stock price stood at $925.20, with a change of 0.41 (0.004%) since market close.

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