NVIDIA Beats Q2 Earnings Expectations... Down 7% in After-Hours Trading
by Kwon Haeyoung
Published 29 Aug.2024 05:26(KST)
Updated 29 Aug.2024 08:16(KST)
Sales of $30 Billion, EPS of $0.68
NVIDIA announced second-quarter results that exceeded market expectations this year. In after-hours trading, NVIDIA's stock price is falling more than 7%.
![[Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2024032011125611134_1710900777.jpg)
On the 28th (local time), NVIDIA reported its fiscal year 2025 second-quarter (May to July) results after the market closed, recording revenue of $30.04 billion and earnings per share (EPS) of $0.68.
This performance surpassed market forecasts. Earlier, market research firm LSEG had expected NVIDIA to record second-quarter revenue of $28.7 billion and EPS of $0.64.
Despite the results exceeding market expectations, as of 4:25 PM that day, NVIDIA's stock price was down 7.21% in after-hours trading.
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