Nvidia provided a revenue forecast for the October quarter above expectations.
The semiconductor company reported July quarter adjusted earnings per share of 68 cents, compared to Wall Street’s consensus estimate of 65 cents, according to FactSet.
Revenue came in at $30.0 billion which was above the analyst expectations of $28.7 billion.
The outlook was also strong. For the current quarter, Nvidia provided a revenue forecast range with $32.5 billion at the midpoint. That’s above the consensus of $31.7 billion.
Nvidia shares were down about 4% following the release.
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