Nvidia (NVDA): FQ3 EPS of $0.35 beats by $0.09. Revenue of $1.07B (+5% Y/Y) beats by $10M. Company expects FQ4 revenue to be "relatively flat, plus or minus 2%." Consensus is for 2% increase.
More on Nvidia's (NVDA) FQ3: Gross margin up 60 bps during quarter, expected to be flat to up 0.5% in FQ4. PC graphics chip sales +1% Y/Y (60% of total), hurt by drop in motherboard chipset sales. Workstation chips +10% Y/Y (22% of total). Mobile chips +14% Y/Y (18% of total). 3 new Tegra-based smartphones launched in FQ3, bringing total to 11. NVDA +5.5% AH
More Stocks News
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
