NVIDIA (NASDAQ:NVDA) reported its Q1 earnings results on Wednesday, May 25, 2022 at 04:20 PM.
Here's what investors need to know about the announcement.
Earnings
NVIDIA beat estimated earnings by 5.43%, reporting an EPS of $1.36 versus an estimate of $1.29.
Revenue was up $2.63 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 7.56% drop in the share price the next day.
Here's a look at NVIDIA's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.22 | 1.10 | 1.02 | 0.82 |
| EPS Actual | 1.32 | 1.17 | 1.04 | 0.92 |
| Revenue Estimate | 7.42B | 6.83B | 6.33B | 5.40B |
| Revenue Actual | 7.64B | 7.10B | 6.51B | 5.66B |
To track all earnings releases for NVIDIA visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
