Nvidia Q2 Earnings Reveal $96.2 Billion Beat, So Why Is NVDA Falling?

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Nvidia beat second-quarter expectations on August 26 with revenue of $96.2 billion, surpassing the $92.2 billion Wall Street estimate by roughly $4 billion. Adjusted EPS of $2.22 topped the $2.10 forecast while Data Center revenue reached $89 billion, climbing 117% year over year. For the current quarter, Nvidia guided revenue to $108 billion, above the $104.2 billion consensus. Despite the beat, shares fell in after-hours trading as the results were already priced in. The company returned about $26 billion to shareholders during the quarter and still holds roughly $99 billion in buyback authorization.

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Telemachttp://cryptoinfo.ch
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