Items tagged with earnings report
NVIDIA's stock price is surging (again) in pre-market trading hours in reaction to the company posting its latest earnings report and future outlook. For NVIDIA's fiscal first quarter for the three-month period ended April 30, 2023, the GPU firm's revenue hit $7.19 billion, which is down 13 percent from a year ago but...
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Investors are upbeat following NVIDIA's fourth quarter and fiscal 2023 financial results, with the company's share price surging after it beat out Wall Street's expectations. That's a despite a 21 percent year-over-year drop in quarterly revenue to $6.05 billion and a massive 46 percent decline in gaming revenue to...
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During an earnings call with analysts, AMD CEO Dr. Su noted, "We remain very bullish about our data center business," and it's easy to see why. Just days after rival Intel posted a brutal earnings report in which it suffered one of its biggest quarterly losses in history and a 20 percent drop in full-year revenue, AMD...
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It was right around two years ago when Pat Gelsinger took the reins as Chief Executive Officer of Intel, replacing Bob Swan and returning to a company he first joined at just 18 years old before moving on 30 years later. During the past two years, he's made big and bold promises as he attempts to right the ship. There...
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NVIDIA disclosed its financial results for its third quarter of fiscal 2023, and revealed within its earnings report is a 17 percent year-over-year decline in revenue to $5.93 billion. That's also a 12 percent drop sequentially. Much of that can be attributed to "lower GPU sales for both desktops and laptops," which...
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Aside from death and taxes, one thing we could typically count on is that come hell or high water, Intel would post gains in each and every one of its earnings reports. That's been the case for decades...until now. Amid a challenging economic environment (for a number of reasons), Intel reported a 22 percent...
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NVIDIA continues to generate record revenue from its two biggest earners, those being its data center and gaming divisions, and in that order for the first time that we're aware of. They combined to help propel NVIDIA's first quarter earnings for its fiscal 2023 period to $8.29 billion, the most it's ever accumulated...
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The first quarter of 2022 is in the books at Intel and it was an overall big one, especially within its data center and Intel Foundry Services (IFS) businesses. The former raked in $6 billion, representing a hefty 22 percent year-over-year gain, while the latter skyrocketed 175 percent from the same quarter a year ago...
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How many quarters in a row can NVIDIA set record highs in revenues? At least one more, is apparently the answer. After smashing earnings during its fiscal third quarter with a then-record $7.1 billion, NVIDIA ended its fiscal year with another monster quarter, reporting a new high of $7.64 billion, which is a massive...
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NVIDIA is crushing it, and doing it at a time when the supply of silicon—and, by extension, GPUs—is falling way short of demand. The GPU maker raked in a record $5.66 billion in revenue during the during its first quarter of fiscal 2021, the lion's share of which came from gaming sales and the data center, both of...
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AMD nearly doubled its revenue in the first quarter of 2021 compared to a year ago, earning more than $3.4 billion, up 93 percent compared to its Q1 revenue last year. The same goes for its net income, which jumped 94 percent year-over-year to $555 million. Further, a significant chunk of AMD's earnings came from more...
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The cryptocurrency hangover appears to be firmly in NVIDIA's rear view mirror at this point. The GPU maker posted its fourth quarter earnings report for the three-month period ended January 26, 2020, and investors reacted positively to the strong numbers and outlook. As a result, shares of NVIDIA are up more than 6...
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Intel posted its highest third-quarter revenue in the history of the company, raking in $19.2 billion, a 19 percent jump from the same quarter a year prior. This led to an even bigger jump in profit, with Intel posting net income of $6.4 billion, up 42 percent year-over-year. What makes these numbers even more...
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Nintendo is riding high on the success of its newest game console releases, the biggest of those being its hybrid Switch system that is suitable for both gaming on the go, and when sitting in front of a big screen TV. The company's gamble on a dual-purpose console is paying off handsomely, prompting Nintendo to adjust...
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Intel's semi-pivot from a PC-centric operation to one that is focused on the data center, machine learning and self-driving cars is paying off, and in a big way. The Santa Clara chipmaker announced record earnings per share of $0.94 during the third quarter, a 36 percent jump versus the same quarter a year ago. It...
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Advanced Micro Device's tally for its fiscal third quarter reached just $1.3 billion. That represents a jump of 23 percent from the same quarter a year prior on strong demand for its semiconductors used in game consoles, and it beat out what analysts were expecting. That's the good news. The bad news is that it wasn't...
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