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Wednesday, 02/21/2024 5:51:33 PM

Wednesday, February 21, 2024 5:51:33 PM

Post# of 27405
NVIDIA Corp (NVDA) Shatters Records with Q4 and Fiscal 2024 Earnings
Stellar Performance Driven by Data Center and AI Growth
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GuruFocus Research
55 minutes ago

Quarterly Revenue: Reached a record $22.1 billion, a 22% increase from Q3 and a 265% surge from the previous year.
Data Center Revenue: Achieved a record $18.4 billion for the quarter, marking a 27% rise from Q3 and a staggering 409% year-over-year growth.
Annual Financials: Full-year revenue soared by 126% to $60.9 billion, with GAAP EPS up 586% and non-GAAP EPS up 288% from the previous year.
Gross Margin: Improved to 76.0% in Q4 from 74.0% in Q3, and up significantly from 63.3% the previous year.
Net Income: Q4 net income jumped to $12.3 billion, a 33% increase from Q3 and a 769% increase year-over-year.
Earnings Per Share: GAAP diluted EPS for Q4 was $4.93, up 33% from Q3 and up 765% from the previous year.
Dividend: Announced a quarterly cash dividend of $0.04 per share, payable on March 27, 2024.

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