Nvidia up 10% after Q4 earnings beat, says cryptocurrency demand ‘exceeded expectations’

Nvidia up 10% after Q4 earnings beat, says cryptocurrency demand ‘exceeded expectations’

6 years ago
Anonymous $v9r5mEH86V

https://techcrunch.com/2018/02/08/nvidia-up-10-after-q4-earnings-beat-says-cryptocurrency-demand-exceeded-expectations/

Nvidia’s successes are continuing to pile on as the company’s gaming and data center businesses drove revenues up 34 percent year-over-year.

Nvidia shares were up around 10 percent after-hours following the company’s release of its fourth-quarter earnings report. The company reported EPS of $1.78 on revenue of $2.91 billion, beating analyst expectations of $1.17 per share on $2.69 billion revenue.