Nvidia revenues hit $39.3B, up 78% in FYQ4 — with no sign of slowdown (updated)

Nvidia reported that its revenue for the fourth fiscal quarter ended January 26 was $39.3 billion, up 12% from the previous quarter and up 78% from a year ago. For the quarter, GAAP earnings per diluted share was 89 cents, up 14% from the previous quarter and up 82% from a year ago. Non-GAAP earnings per diluted share was 89 cents, up 10% from the previous quarter and up 71% from a year ago. (Updated with corrected numbers). The company’s stock is trading up to $132.87, up 1.2%, in after-hours trading, above where the analysts estimated that Nvidia’s quarterly results would be: $38.2 billion in revenue and 85 cents per share in earnings. Full-year revenue was $130.5 billion, up 114%. GAAP earnings per diluted share was $2.94, up 147% from a year ago. Non-GAAP earnings per diluted share was $2.99, up 130% from a year ago. There’s always a lot at stake with Nvidia’s earnings these days. Thanks to AI growth, Nvidia’s market value is $3.16 trillion, making it second compared to fellow t ... Read full article.