![]() ![]() NVIDIA has also noted the advancements to GeForce NOW, which now features RTX 3080-class streaming, a larger library, and even the ability to access Fortnite on mobile devices, which now offers one of the only ways to play the battle royale on iOS. The company also hailed its revenue from its gaming division, noting that it has overcome many of the challenges created by the ongoing supply chain crisis to record a substantial $3.62 billion revenue, which is up from 31 percent at this time one year ago. The company will aim to push forward on AI, graphics, robotics, and self-driving cars. NVIDIA expects to ramp up several of its divisions in the second half of 2022, including new GPU, CPU, DPU, and robotics processors. ![]() EPS came in at $1.36 per share, which passed the Wall Street consensus estimates of $1.20 per share. Revenue came in at $8.29 billion, which is more than the initial projected $8.12 billion that was expected. Non-GAAP earnings per diluted share were $1.36, up 49% from a year ago and up 3% from the previous quarter. ![]() GAAP earnings per diluted share for the quarter were $0.64, down 16% from a year ago and down 46% from the previous quarter, and include an after-tax impact of $0.52 related to the $1.35 billion Arm acquisition termination charge. NVIDIA (NASDAQ: NVDA) today reported record revenue for the first quarter ended May 1, 2022, of $8.29 billion, up 46% from a year ago and up 8% from the previous quarter, with record revenue in Data Center and Gaming. Here is the statement from the NVIDIA investor relations website: The news appears to be mostly good, as the company has surpassed its revenue and EPS expectations. NVIDIA ($NVDA) has reported in with its earnings for Q1 2023. ![]()
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