Nvidia (NVDA): Q1 EPS of $0.16 beats by $0.06. Revenue of $925M (-4% Y/Y) beats by $9M. Shares +7.9% premarket
Nvidia's (NVDA) Q1 report: Shares +10% premarket despite a 55% drop in profits Y/Y and a double-digit jump in expenses. Q2 revenue is guided higher to $990M-$1.05B vs. $979.1M consensus; non-GAAP gross margin is expected at ~51.5%. "Look for exciting news" at a tech conference next week on ways Kepler GPUs "will enhance mobile and cloud computing," the CEO says
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