NVIDIA exceeds earnings expectations with robust Q3 performance, hits new all-time high in pre-market trading

Quick Take

NVIDIA’s latest Q3 earnings report showcased stronger performance than anticipated, with a revenue of $18.12 billion, outpacing the expected $16.18 billion. Similarly, earnings per share (EPS) stood at $4.02 on an adjusted basis, exceeding the forecasted $3.37 as reported by CNBC.

NVIDIA’s stock has shown resilience and is currently trading upwards at $506 per share in the pre-market trading, up 1.3%.

The company’s shares have escalated by more than 248% year-to-date. With a current market capitalization of approximately $1.2 trillion, these figures underline NVIDIA’s robust position in the market.

The post NVIDIA exceeds earnings expectations with robust Q3 performance, hits new all-time high in pre-market trading appeared first on CryptoSlate.