Nvidia (NASDAQ:NVDA) Surprises With Strong Q3, Quarterly Revenue Guidance Slightly Exceeds Expectations

Leading designer of graphics chips Nvidia (NASDAQ:NVDA) announced better-than-expected revenue in Q3 CY2024, with sales up 93.6% year on year to $35.08 billion. Guidance for next quarter’s revenue was better than expected at $37.5 billion at the midpoint, 1.3% above analysts’ estimates. Its non-GAAP profit of $0.81 per share was 8.6% above analysts’ consensus estimates.