Jump to content
Search In
  • More options...
Find results that contain...
Find results in...
  • Donation Box

    Please donate to support the community.
    We appreciate all donations!
Sign in to follow this  
dysentry

Nvidia crash 20% as crypto crash weakens demand

Recommended Posts

Nvidia Corp. (NVDA) reported third quarter adjusted EPS of $1.84 after the bell Thursday, up from $1.33 a year ago. Analysts expected EPS of $1.71. Revenues jumped 21 percent to $3.18 billion from $2.64 billion last year. Analysts had a consensus revenue estimate of $3.24 billion.

Looking forward to the fourth quarter, the company expects revenues of $2.70 billion, plus or minus two percent. Analysts currently estimate revenues of $3.40 billion for the quarter.

Nvidia has gapped open sharply lower Friday morning and is now down 40.13 at $162.26 on above average volume. The stock has tumbled to a new low for the year.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×