The main driver behind this expected miss is a big drop in its gaming-related revenue. Given this revenue miss, it’s easy to see why NVDA stock took such a hit on the heels of this release. This figure is well below Nvidia’s prior outlook calling for $8.1 billion in revenue. For the quarter, the company expects to report $6.7 billion in revenue. It’s apt to say the figures were disappointing. 8, Nvidia released preliminary results for its second fiscal quarter (ending July 31, 2022).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |