Nvidia Reports Stellar Q1 2025 Earnings with Surpassing Profits and Upbeat Q2 Guidance
Wednesday, 22 May 2024, 20:27
Nvidia Reports Stellar Q1 2025 Earnings
GPU behemoth NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a multi-fold increase in first-quarter earnings, reflecting continued strong revenue growth. The results also topped expectations.
Key Highlights:
- The tech firm's revenues soared to $26.04 billion in Q1, driven by exceptional performance in its Data Center and Gaming segments.
- Adjusted profit surged to $6.12 per share from $1.09 per share in the same quarter last year.
- Unadjusted net income reached $14.88 billion in Q1, compared to $2.04 billion a year ago.
Nvidia's Q2 revenue guidance of approximately $28 billion underscores the company's strong growth momentum, signaling a promising outlook for the upcoming quarter.
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