NVIDIA Announces Q1 2025 Earnings Results
Call Summary: May 22, 2024
Earnings Update
NVIDIA Corporation (NASDAQ:NVDA) reported robust financial results for the first quarter of fiscal 2025 during its earnings conference call on May 22, 2024.
Key Highlights
Revenue: NVDA's revenue soared to $26.75 billion, exceeding analyst estimates and representing a 50% increase year-over-year.
Earnings Per Share (EPS): Adjusted EPS came in at $0.88 per share, surpassing consensus estimates by $0.13.
Data Center Strength: The company's Data Center segment continued to perform exceptionally, with revenue climbing 83% year-over-year to $11.58 billion.
Gaming Momentum: The Gaming segment experienced a solid quarter, contributing $6.05 billion in revenue, a 38% increase over the previous year.
Management Commentary
"Our first quarter results reflect continued strong demand for our cutting-edge technologies across key markets," said Jensen Huang, CEO of NVIDIA.
"Our Data Center business is powering the world's leading AI and cloud platforms, and our Gaming segment is delivering exceptional experiences for PC and console gamers alike."
Future Outlook
NVIDIA provided an optimistic outlook for the remainder of fiscal 2025. The company expects continued momentum in its Data Center and Gaming segments, driven by advancements in AI and the growing popularity of next-generation gaming consoles.
Earnings Transcript
The full transcript of NVIDIA's Q1 2025 earnings call can be found at the following link: https://investor.nvidia.com/earnings-call-transcripts
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