Thursday, May 10, 2007

NVDA beats top & bottom line...............

NVDA as expected came with a strong earning report ...........

Sales were $844.3 million vs $681.8 a year ago YOY gain of 24%...analyst were expecting $835.7 million ...beating by $8.6 million.

EPS were 42 cents vs 29 cents year ago an increase of 44.8% YOY...beating analyst estimates by 3 cents........

NVDA gross margins were @ new record HIGH of 45.4%..............

NVDA guidance was also better than consensus............flat to HIGHER from Q1 just reported.

NVDA jumped ...last bid $34.41...after closing @ $32.82.

Look for analyst UPGRADES for friday OPEN.

Good luck on your due diligence.

BLOG does not give buy or sell.

Saleem

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