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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