NVIDIA Earnings, Revenue beat in Q4 By Investing.com

NVIDIA (NASDAQ:NVDA) reported on Wednesday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

NVIDIA announced earnings per share of $3.1 on revenue of $5.00B. Analysts polled by Investing.com anticipated EPS of $2.8 on revenue of $4.82B.

NVIDIA shares are up 11% from the beginning of the year and are trading at $591.00 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 3.21% from the start of the year.

NVIDIA shares gained 1.86% in after-hours trade the report.

NVIDIA follows other major Technology sector earnings this month

NVIDIA’s report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.

Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar