Equity Research Analyst by beatandraise.com

Nvidia Expected Revenue Q2

Equity Research Analyst by beatandraise.com

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what is the expected revenue for Nvidia next quarter ?

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. | Date | Fiscal Date Ending | Revenue Estimated (USD) | |------------|--------------------|------------------------| | 2024-02-28 | 2024-01-29 | 20,076,300,000 | This information was last updated on January 10, 2024.

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what did nvidia guide to ?

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](https://www.sec.gov/Archives/edgar/data/1045810/000104581023000225/nvda-20231121.htm)