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Nvidia had a recent earnings call in which they reported record quarterly revenue of $22.1 billion, up 22% from Q3, record quarterly Data Center revenue
Nvidia had a recent earnings call in which they reported record quarterly revenue of $22.1 billion, up 22% from Q3, record quarterly Data Center revenue of $18.4 billion, and a record full-year revenue of $60.9 billion, up 126% YoY. In the report they also reported 3.1 billion in operating expenses (a 6.47% increase from last quarter), 13.6 billion in operating income (a 30.7% increase from last quarter), and 12.3 billion in net income (a 32.9% increase from last quarter). Most of this success can be attributed to Nividia's Data Center earnings which continue to surpass expectations due to the ever growing AI industry. Due to Nvidia constantly beating earnings predictions, the growth of the AI industry, new partnerships with companies like google and amazon, and steep rises in revenues and incomes while keeping operating costs down, I believe that their balance sheet will continue to strengthen at an unprecedented pace as their revenues are projected to only keep risingĀ
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1 Revenue Growth Nvidia reported record quarterly revenue of 221 billion up 22 from the previous quarter and a record fullyear revenue of 609 billion ...Get Instant Access to Expert-Tailored Solutions
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