{"id":20448,"date":"2024-02-21T19:12:08","date_gmt":"2024-02-22T03:12:08","guid":{"rendered":"https:\/\/marketdepth.com\/?p=20448"},"modified":"2024-02-21T19:12:11","modified_gmt":"2024-02-22T03:12:11","slug":"nvidia-surges-after-market-after-q4-earnings-beat","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/nvidia-surges-after-market-after-q4-earnings-beat\/","title":{"rendered":"NVIDIA Surges After Market After Q4 Earnings Beat"},"content":{"rendered":"\n<p><strong>Nvidia (NVDA:NASD) <\/strong>reported fourth-quarter earnings that topped analyst estimates on both top and bottom lines. The company announced adjusted earnings per share of $5.16 beating an estimate of $4.60. Revenue also came in at $22.10 billion compared to estimates of $20.41 billion. <\/p>\n\n\n\n<p>Nvidia is up over 30% YTD as the company has seen continuous growth with AI sector booming. The stock is up 9% aftermarket on the news.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cAccelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations. Our Data Center platform is powered by increasingly diverse drivers \u2014 demand for data processing, training, and inference from large cloud-service providers and GPU-specialized ones, as well as from enterprise software and consumer internet companies. Vertical industries \u2014 led by auto, financial services and healthcare \u2014 are now at a multibillion-dollar level.&#8221;<\/p>\n<cite>Nvidia CEO Jensen Huang<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"Nvidia (NVDA:NASD) reported fourth-quarter earnings that topped analyst estimates on both top and bottom lines. The company announced adjusted earnings per share of $5.16 beating an estimate of $4.60. Revenue also came in at $22.10 billion compared to estimates of $20.41 billion. Nvidia is up over 30% YTD as the company has seen continuous growth&#8230; <a class=\"view-article\" href=\"https:\/\/marketdepth.com\/nvidia-surges-after-market-after-q4-earnings-beat\/\">View Article<\/a>","protected":false},"author":3,"featured_media":20189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[10,31,7,16],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NVIDIA Surges After Market After Q4 Earnings Beat - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/nvidia-surges-after-market-after-q4-earnings-beat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NVIDIA Surges After Market After Q4 Earnings Beat - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"Nvidia (NVDA:NASD) reported fourth-quarter earnings that topped analyst estimates on both top and bottom lines. The company announced adjusted earnings per share of $5.16 beating an estimate of $4.60. Revenue also came in at $22.10 billion compared to estimates of $20.41 billion. Nvidia is up over 30% YTD as the company has seen continuous growth... 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