Nvidia -- 1Q25 Earnings -- Reported August 28, 2024

Locator: 48474NVIDIA.

Tag: NVDA.

Additional Analyses

Later, 8:56 p.m. CDT, from TWSJ:

 Post-Release Post

Results:

• EPS: 68 cents ve 64 cents expected
• revenue: $30.04 billion vs $28.7 billion expected
• data center revenue: $26.3 billion, up 154% y/y
• net income: $16.6 billion vs $6.18 billion y/y
• per share: 67 cents this quarter vs $2.48 / share y/y
• guidance: $32.5 billion in current quarter vs $31.7 billion expected by analysts
• announces a $50-billion share buyback;
• needs to be fact-checked: forward P/E = 40; [FACT CHECK: on CNBC, August 29, 2024, 4:56 p.m., CNBC had a graphic showing Nvidia's p/e to be .... 37.]
  
• if that forward P/E is accurate, could be quite interesting;
• AMD's "current" P/E is 176.
  
• ticker: down 7% on the day
  

Pre-Releast Post

Will report at 4:20 CDT, Wednesday, August 28, 2024.

Regardless what it reports and how the market reacts, it should be a win-win for everyone. But, it's all about the guidance.

Posted before the earnings release, link here:

Forecast: link here. Also here for more discussion.

• revenue: $28.7 billion (prior quarter: $26.08)
  
• from data center: $24 (prior quarter: billion $22.6)
  

The Day The Earth Stood Still, wiki, opened, 1951.

Nividia: will report earnings later today; after market close.

Nvidia: before the day is over, this will probably become a much sought-after graphic, link here. Compare this chart with any other similar chart and one will see just how incredible Nvidia is.

• look at those incredible margins and other data points, from left to right:
• largest revenue center, "Data Center": $22.6 billion; grew 23% q/q
• revenue: $26.08 billion; grew 18% q/q
  
• gross profit: $20.4 billion; grew 2pp q/q; 78% margin;
• operating profit: $16.9 billion; grew 3pp q/q; 65% margin;
• net profit: $14.9 billion; grew 2pp q/q; 75% margin;

Compare with Apple, link here:

• data points, from left to right:
• largest revenue center, "iPhone": $39.3 billion; grew 1% y/y;
• all products: $61.6 billion; grew 2% y/y;
• revenue: $85.8 billion; grew 5% y/y
• gross profit: $39.7 billion; grew 2pp q/q; 46% margin;
• operating profit: $25.4 billion; grew 1pp q/q; 30% margin;
• net profit: $21.4 billion; grew 1pp q/q; 25% margin;
  

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• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.