NVIDIA Sees Q2 2024 Revenue $11B +/- 2% Vs $7.15B Est
Portfolio Pulse from Benzinga Newsdesk
NVIDIA expects Q2 2024 revenue to be around $11 billion, with a possible deviation of 2%, significantly higher than the estimated $7.15 billion.
May 24, 2023 | 8:24 pm
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POSITIVE IMPACT
NVIDIA's Q2 2024 revenue projection of $11 billion, with a 2% deviation, is much higher than the $7.15 billion estimate.
NVIDIA's significantly higher revenue projection for Q2 2024 compared to the estimate suggests strong growth and performance, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100