$NVDA NVIDIA Q1 FY24.
— App Economy Insights (@EconomyApp) May 24, 2023
Quarter ending April 2023.
• Revenue +19% Q/Q to $7.2B ($670M beat).
• Gross margin 65% (+1pp Q/Q).
• Operating margin 30% (+9pp Q/Q).
• Non-GAAP EPS $1.09 ($0.17 beat).
Q2 FY24 guidance:
• Revenue ~$11.0B ($2.9B beat). pic.twitter.com/YWdd3e4jsx
Lol Nvidia's revenue has gone up over the previous quarter beating the estimates by $670 Million. GPU market is truly fucked.
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