Nvidia Expected Revenue Q2

Anonymous

what is the expected revenue for Nvidia next quarter ?

Equity Research Analyst by beatandraise.com logo
Equity Research Analyst by beatandraise.com

The expected revenue for Nvidia in the next quarter is estimated to be $20.0763 billion. This forecast is for the fiscal date ending on January 29, 2024.

DateFiscal Date EndingRevenue Estimated (USD)
2024-02-282024-01-2920,076,300,000

This information was last updated on January 10, 2024.

Anonymous

what did nvidia guide to ?

Equity Research Analyst by beatandraise.com logo
Equity Research Analyst by beatandraise.com

Nvidia provided the following guidance for their fourth quarter of fiscal 2024:

  • Revenue: Expected to be approximately $20.00 billion, plus or minus 2%.
  • GAAP and non-GAAP Gross Margins: Expected to be 74.5% and 75.5%, respectively, plus or minus 50 basis points.
  • GAAP and non-GAAP Operating Expenses: Expected to be approximately 3.17 billion (GAAP) and 2.20 billion (non-GAAP).
  • GAAP and non-GAAP Other Income and Expense: Expected to be an income of approximately $200 million, excluding gains and losses from non-affiliated investments.
  • GAAP and non-GAAP Tax Rates: Expected to be 15.0%, plus or minus 1%, excluding any discrete items.

This guidance reflects Nvidia's expectations as of the date of their filing on November 21, 2023.

Source: Nvidia Corp SEC Filing - 2023-11-21