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Nvidia's AI-Powered Earnings, Revenue, and Guidance Easily Exceed Expectations...Again

TheMotleyFool

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Nvidia's AI-Powered Earnings, Revenue, and Guidance Easily Exceed Expectations...Again: https://g.foolcdn.com/editorial/images/766310/nvda-stock-earnings-q4-best-ai-stocks.jpg

Shares of Nvidia (NASDAQ: NVDA) jumped 9.1% in after-hours trading on Wednesday following the graphics chip specialist's release of a powerful report for the fourth quarter of fiscal 2024 (ended Jan. 28).

The stock's rise is largely attributable to the quarter's revenue and earnings handily beating Wall Street's expectations, along with first-quarter fiscal 2025 guidance for both the top and bottom lines sprinting by the analyst consensus estimates.

Data source: Nvidia. YOY = year over year. GAAP = generally accepted accounting principles. Fiscal Q4 2024 ended on Jan. 28, 2024.

Source Fool.com

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