Nvidia Announces Next Fiscal Year Guidance with Improved Demand Visibility
NVDA NVIDIA Corp
$237.47 -0.74%
View chart & analysis → - 1Nvidia announced its guidance for the next fiscal year in its recent quarterly report.
- 2CEO Jensen Huang stated that the move was driven by gaining much greater visibility into demand outlooks.
- 3The company recorded a 120% increase in non-GAAP earnings per share (EPS) for the second quarter of fiscal year 2027.
So what's the key point?
Nvidia announced that it has become easier to predict how many products will be sold in the future. Earnings per share for the second quarter of fiscal year 2027 are expected to increase by 120%.
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