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2022-02-17

Fly back to 300 🚀

Nvidia Dips as Q4 Results Top Expectations

Nvidia (NASDAQ:NVDA) shares dipped in after-hours despite the semiconductor company posting fourth-q

Nvidia Dips as Q4 Results Top Expectations

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Revenue attributed to professional visualization rose 109% year-over-year to $643 million.</p><p>A consensus of Wall Street analysts expected Nvidia to earn $1.22 per share and generate $7.43 billion in revenue.</p><p>Nvidia shares dipped more than 2% in after-hours trading to $259.39.</p><p>For the first-quarter, Nvidia said it expects revenue to be $8.1 billion, plus or minus 2 percent, with GAAP and non-GAAP gross margins at 65.2% and 67%, respectively, plus or minus 50 basis points. Analysts were expecting $7.29 billion in sales for the quarter.</p><p>It expects GAAP operating expenses during the period to be $3.55 billion, including $1.36 billion for the Arm-related write off.</p><p>The company will host a conference call at 5:30 p.m. EST to discuss the results.</p><p>On Wednesday, Nvidia announced it had signed a deal with Jaguar Land Rover to provide software for next-generation vehicles.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Dips as Q4 Results Top Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Revenue attributed to professional visualization rose 109% year-over-year to $643 million.A consensus of Wall Street analysts expected Nvidia to earn $1.22 per share and generate $7.43 billion in revenue.Nvidia shares dipped more than 2% in after-hours trading to $259.39.For the first-quarter, Nvidia said it expects revenue to be $8.1 billion, plus or minus 2 percent, with GAAP and non-GAAP gross margins at 65.2% and 67%, respectively, plus or minus 50 basis points. Analysts were expecting $7.29 billion in sales for the quarter.It expects GAAP operating expenses during the period to be $3.55 billion, including $1.36 billion for the Arm-related write off.The company will host a conference call at 5:30 p.m. EST to discuss the results.On Wednesday, Nvidia announced it had signed a deal with Jaguar Land Rover to provide software for next-generation vehicles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":14,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}