$LPT Nvidia Q1 financial report exceeded expectations
The company's first-quarter sales soared 262% to $26 billion. This is an increase of 18% from the previous quarter, and the expected amount is $24.6 billion.
The company gave investors an expected range of $23.5 billion to $24.5 billion; net profit was $14.9 billion, and analysts expected $13.1 billion;
GAAP earnings per share were $5.98, and analysts expected $5.19; earnings per share were $5.98, up 629% from the same period last year and 21% from the previous quarter, while earnings per share were expected to be $5.60.
