Investing.com - NVIDIA (NASDAQ:NVDA) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NVIDIA announced earnings per share of $1.04 on revenue of $6.51B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $6.32B.
NVIDIA shares are up 45% from the beginning of the year and are trading at $186.00 , down-from-52-week-high.They are outperforming the Nasdaq which is up 12.71% from the start of the year.
NVIDIA shares lost 2.30% in after-hours trade the report.
NVIDIA follows other major Technology sector earnings this month
NVIDIA's report follows an earnings beat by Apple on Tuesday, July 27, 2021, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on Tuesday, July 27, 2021 with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.33 on revenue of $56.19B.
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