Nvidia conference call
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Nvidia conference call
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Nvidia reported fourth fiscal quarter earnings that beat Wall Street's forecast for earnings and sales, and said revenue during the current quarter would be better than expected, even against elevated expectations for massive growth. Here's what the company reported compared with what Wall Street was expecting for the quarter ending in January, based on a survey of analysts by LSEG, formerly known as Refinitiv:. Nvidia has been the primary beneficiary of the recent technology industry obsession with large artificial intelligence models, which are developed on the company's pricey graphics processors for servers. Nvidia CEO Jensen Huang addressed investor fears that the company may not be able to keep up this growth or level of sales for the whole year on a call with analysts. He says demand for the company's GPUs will remain high due to generative AI and an industry-wide shift away from central processors to the accelerators that Nvidia makes. Those sales are reported in the company's Data Center business, which now comprises the majority of Nvidia's revenue. Over half the company's data center sales went to large cloud providers.
Vertical industries — led by auto, financial services and healthcare — are now at a multibillion-dollar level. The year ahead will bring major new product cycles with exceptional innovations to help propel our industry forward. Conference Call and Webcast Information NVIDIA will conduct a conference call with analysts and investors to discuss its fourth quarter and fiscal financial results and current financial prospects today at 2 p. Pacific time 5 p. Eastern time. These reconciliations adjust the related GAAP financial measures to exclude acquisition termination costs, stock-based compensation expense, acquisition-related and other costs, IP-related costs, other, gains and losses from non-affiliated investments, interest expense related to amortization of debt discount, and the associated tax impact of these items where applicable. Free cash flow is calculated as GAAP net cash provided by operating activities less both purchases related to property and equipment and intangible assets and principal payments on property and equipment and intangible assets.
Nvidia conference call
To receive notifications via email, enter your email address and select at least one subscription below. After submitting your information, you will receive an email. You must click the link in the email to activate your subscription. You can sign up for additional subscriptions at any time. Investors and others should note that we announce material financial information to our investors using our investor relations website, press releases, SEC filings and public conference calls and webcasts. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these accounts and the blog, in addition to following our press releases, SEC filings and public conference calls and webcasts.
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