Investing.com - NVIDIA (NASDAQ:NVDA) reported second quarter earnings that beat analyst's expectations on Thursday and reported revenue that topped forecasts.
The firm reported earnings per share of $1.76 on revenue of $3.12B. Analysts polled by Investing.com expected EPS of $1.66 on revenue of $3.1B.
That compared to EPS of $0.92 on revenue of $2.23B in the same period a year earlier.
The firm had reported EPS of $1.98 on revenue of $3.21B in the previous quarter.
NVIDIA shares gained 0.63% to trade at $257.44 in after-hours trade following the report.
For the year, NVIDIA shares are up 31.49%, outperforming the S&P 500 which is up 5.85% year to date.
NVIDIA follows other major earnings reports from the Technology sector this month
On Tuesday, July 31, 2018, Apple (NASDAQ:AAPL) reported third quarter EPS of 2.34 on revenue of 53.27B, compared to forecasts of EPS of 2.16 on revenue of 52.3B.
Alphabet (NASDAQ:GOOGL) C earnings beat analyst's expectations on Monday, July 23, 2018, with second quarter EPS of 11.75 on revenue of 26.24B. Investing.com analysts expected EPS of 9.64 on revenue of 25.58B