NVIDIA Earnings miss, Revenue beats In Q3

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NVIDIA Earnings miss, Revenue beats In Q3
Credit: © Reuters.

Investing.com - NVIDIA (NASDAQ: NVDA ) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

NVIDIA announced earnings per share of $0.58 on revenue of $5.93B. Analysts polled by Investing.com anticipated EPS of $0.71 on revenue of $5.8B.

NVIDIA shares are down 45% from the beginning of the year and are trading at $159.00 , down-from-52-week-high.

NVIDIA shares lost 0.06% in after-hours trade the report.

NVIDIA follows other major Information Technology sector earnings this month

NVIDIA's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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