Nvda Earnings

NVIDIA Reports Record Revenue for Fiscal Q1 2024

Key Financial Performance Metrics for NVIDIA

For the first quarter of fiscal 2024, NVIDIA reported the following key financial performance metrics:

• Revenue: $26.0 billion, up 34% year-over-year
• GAAP diluted EPS: $0.493, up 33% year-over-year and 76.5% from the previous year
• Non-GAAP diluted EPS: $0.592, up 33% year-over-year and 77.4% from the previous year

Revenue Breakdown

The revenue breakdown for the first quarter of fiscal 2024 was as follows:

• Data center: $11.3 billion, up 31% year-over-year
• Gaming: $8.8 billion, up 40% year-over-year
• Professional visualization: $4.6 billion, up 34% year-over-year
• Automotive: $1.2 billion, up 56% year-over-year

Quarterly Cash Dividend

NVIDIA also announced a quarterly cash dividend of $0.04 per share, payable on June 8, 2023, to shareholders of record as of May 25, 2023.

Outlook for the First Quarter of Fiscal 2025

For the first quarter of fiscal 2025, NVIDIA has provided the following outlook:

• Revenue is expected to be $24.0 billion, plus or minus 2%
• GAAP diluted EPS is expected to be $0.65, plus or minus 2%
• Non-GAAP diluted EPS is expected to be $0.80, plus or minus 2%

Additional Information

For more information on NVIDIA's financial results, please refer to the company's investor relations website.