Nvidia Sees GAAP Operating Expenses ~$4B, Sees Non-GAAP Operating Expenses $2.8B
Portfolio Pulse from Benzinga Newsdesk
Nvidia has projected its GAAP operating expenses to be around $4 billion and its non-GAAP operating expenses to be $2.8 billion.
May 22, 2024 | 8:22 pm
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Nvidia has projected its GAAP operating expenses to be around $4 billion and its non-GAAP operating expenses to be $2.8 billion. This indicates a significant difference between GAAP and non-GAAP figures, which could impact investor sentiment.
The difference between GAAP and non-GAAP operating expenses is notable. While GAAP expenses are higher, the non-GAAP figure is often used by investors to gauge operational efficiency. This mixed signal may lead to neutral short-term price movement as investors digest the implications.
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