https://wccftech.com/nvidia-q3-2018-results-detailed-breakdown-heres-the-why-of-the-crash/

NVIDIA stock collapsed in the after-market hours by more than 17.5% and was trading at $166.9 pre-market at the time of writing. This is a 180-degree inversion of the $300 ambitions the stock was chasing just a couple of months ago. The bears are in charge of the stock for now, but are they here to stay? We will look at what went wrong with NVIDIA’s disastrous third-quarter earnings after a streak of record-breaking quarters and what the rational outlook to the stock should be.

This earnings analysis will be presented in a slightly different format from before, I will be focusing on fundamentals and dissecting the numbers this time, with very little focus on reporting the nitty-gritty of the financial details. The company reported Q3 2018 (Q3FY19) numbers yesterday and missed analyst expectations for earnings, revenue, and guidance. Analysts were expecting $3.23 billion in quarterly revenue versus $3.18 actual. GAAP and non-GAAP EPS expectations were $1.71 and $1.93 respectively, versus $1.97 GAAP and $1.84  actual EPS. The consensus for the January quarter was $3.4 billion versus $2.7 billion actual guided by the company. So did NVIDIA drop the ball? Well, let’s find out.