$NVIDIA Corp(NVDA)$1Q23 result...[Thinking]
Revenue for 1Q ended May 1, 2022, of $8.29 billion, up 46% from a year ago and up 8% from the previous quarter, with record revenue in Data Center and Gaming.
1Q23 GAAP EPS = $0.64, down 16% from a year ago and down 46% from the previous quarter[Surprised] , and include an after-tax impact of $0.52 related to the $1.35 billion Arm acquisition termination charge.
1Q23 Non-GAAP EPS = $1.36, up 49% from a year ago and up 3% from the previous quarter[smile] .
During the first quarter of fiscal 2023, NVIDIA returned to shareholders $2.10 billion in share repurchases and cash dividends. [Thinking]
On May 23, 2022, the board of directors increased and extended the company's share repurchase program to repurchase additional common stock up to a total of $15 billion through December 2023.[serious]
NVIDIA will pay its next quarterly cash dividend of $0.04 per share on July 1, 2022, to all shareholders of record on June 9, 2022.[Miser]
Hmm... result seem not that great. I can see a slow down...[Thinking] . Did not expect to see a drop in EPS [Surprised] for GAAP. But the Non-GAAP A seem fine, barely made it [Grin] .
Conclusion is that there is a very likely slow 🐌 down & it's not that favorable. As expected from a bad economy due to war & interest rate hike [Duh] .
DYODD before investing [OK]
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$NVIDIA Corp(NVDA)$