SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Nvidia Corp. (NVDA) on Wednesday reported fiscal second-quarter net income of $59.69 billion.
On a per-share basis, the Santa Clara, California-based company said it had profit of $2.46. Earnings, adjusted for non-recurring gains, were $2.22 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.09 per share.
The maker of graphics chips for gaming and artificial intelligence posted revenue of $96.22 billion in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $91.8 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVDA at https://www.zacks.com/ap/NVDA