Nvidia Beats on 1Q EPS, Revenue Projected at $91 Billion

Summary

Nvidia reported fiscal first-quarter earnings that beat estimates on EPS and revenue, with Q2 revenue guidance above consensus. The company also announced an $80 billion share buyback authorization and a dividend increase. Analyst Matt Bryson noted the results met buy-side expectations but cautioned that stock reactions are often unpredictable.

• Nvidia fiscal Q1 adjusted EPS of $1.87 beat estimates of $1.77.
• Revenue of $81.62 billion beat the $79.19 billion consensus.
• Q2 revenue guidance of $89.1–$92.8 billion exceeded the $87.36 billion estimate.
• Adjusted gross margin guidance for Q2 is 74.5%–75.5%.
• Company added $80 billion to share buyback authorization and raised dividend to $0.25 per share.
• Analyst Matt Bryson said the numbers hit buy-side expectations but stock performance is uncertain.