|Next Wednesday, November 15th, NVDA is scheduled to rep0rt 2023Q3 financial results. As noted below, when they reported 2023Q2 financial results, they forecast that 2023Q3 revenues would be $16 billion - an increase of 169.8% over 2022Q3. Both the dollar amount and the percentage increase should be viewed as extraordinary.|
The resulting market price performance of NVDA will be determined by whether the company misses, matches, or beats that forecast.
Select here for a chart of NVDA's recent Y-O-Y quarterly revenues.