Not including those charges, Nvidia’s non-GAAP earnings per share (EPS) were up 49% YOY and even up 3% from the prior quarter. Moreover, its earnings came in higher, as well, making NVDA stock a good bet at today’s price.Įven though GAAP earnings were down 16% year-over-year (YOY), this included one-time charges from the termination of the purchase of semiconductor firm, ARM, in the U.K. This included record revenue from its Data Center and Gaming Divisions. Revenue came in at $8.29 billion, up 46% from a year ago, and up 8% from the fourth quarter (Q4) of 2021. Priem in January 1993 and is headquartered in Santa Clara, CA.Nvidia (NASDAQ: NVDA) reported stellar revenue growth on May 25 for the quarter ending May 1. The company was founded by Jen Hsun Huang, Chris A. The All Other segment refers to the stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, legal settlement costs, and other non-recurring charges. The Tegra Processor segment integrates an entire computer onto a single chip, and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The GPU segment comprises of product brands, which aims specialized markets including GeForce for gamers Quadro for designers Tesla and DGX for AI data scientists and big data researchers and GRID for cloud-based visual computing users.

It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. NVIDIA Corp engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software.

Nvda earning 2022