Reply To: Traders Market Weekly: No Fear as Risk Complacency Rises

#74478
Truman
Participant

Nvidia earnings beat. Announces 10:1 stock split

NVIDIA (NVDA) beats by $0.52, beats on revs; guides Q2 revs above consensus; ten-for-one forward stock split; raises quarterly dividend

NVDA up 4.0%

Announce dividend increase
EPS $6.12 versus $5.57
Revenues $26.04 billion versus $24.57 billion
Announced 10 for 1 stop split for close on June 6
Data center revenues $22.6 billion versus $21.32 billion expected
Data center revenue
The growth in data center revenue
Forward guidance of $28 billion versus $26.8 billion expected.
Dividend is raised 150% to one cent per share on a post stop split basis
Gross margins 78.9% versus 77% expected.