Nvidia's second-quarter revenue is higher than expected
Nvidia's second-quarter revenue was $30 billion, up 15% from the previous quarter and 122% from the previous year. Analysts expected $28.86 billion; data center revenue in the second quarter was $26.3 billion, up 16% from the previous quarter and 154% from the previous year; analysts expected $25.08 billion; third-quarter revenue is expected to be $32.5 billion, up or down 2%; analysts expected $31.9 billion; second-quarter game revenue was $2.9 billion, and analysts expected $2.79 billion; second-quarter adjusted gross profit margin was 75.7%, and analysts expected 75.5%; second-quarter adjusted earnings per share was $0.68, and analysts expected $0.64; second-quarter net profit was $16.599 billion, and analysts expected $14.64 billion; quarterly dividend per share was maintained at 1 cent; an additional $50 billion stock repurchase plan was approved.
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