NVIDIA Q2 Sales $13.51B Beat $11.22B Estimate
Portfolio Pulse from Benzinga Newsdesk
NVIDIA reported Q2 sales of $13.51 billion, beating the analyst consensus estimate of $11.22 billion by 20.41 percent. This represents a 101.52 percent increase over the same period last year.
August 23, 2023 | 8:21 pm
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NVIDIA's Q2 sales exceeded analyst estimates by 20.41%, a significant increase from the same period last year.
NVIDIA's higher than expected Q2 sales indicate strong performance and growth, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100