Nvidia earnings:
- 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
- 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.
Incredible. The stock gain is relatively muted compared to options pricing which I heard was close to 8%.
Shares of Nvidia are trading up around 4% at 4:22 PM
"Poised for the next wave of growth'