NVIDIA Reports Record Quarterly and Full-Year Revenue

Earnings Call Anticipated on May 22, 2024

Key Financial Highlights:

NVIDIA Corporation (NVDA) has announced remarkable financial results for its recent fiscal quarter and full year. The company recorded a record quarterly Data Center revenue of $18.4 billion, marking a 27% increase from the previous quarter and a significant 409% surge from the same period last year.

Additionally, NVIDIA reported a record full-year revenue of $60.9 billion, representing a robust 12.6% increase year-over-year. The company's net income for the fourth quarter witnessed a substantial 33% increase compared to the third quarter and an impressive 76.9% growth from the year-ago period.

Investors eagerly await NVIDIA's upcoming earnings call scheduled for May 22, 2024, after the market closes. The call will provide further insights into the company's financial performance, market dynamics, and future outlook.