Nvidia + 6% on Q1 beats, gaming recovery – NVIDIA Corporation (NASDAQ: NVDA)
Nvidia (NASDAQ: NVDA) + 6.2% after Q1 turns down income 31% Y / Y. In-line Q2 guidance has $ 2.5-2.6B in revenue (estimate : $ 2.53B) with 59.2-59.5% gross margin. Rival AMD (NASDAQ: AMD) is up 0.8% .
Revenue distribution: Gaming, $ 1.05B (estimate: $ 0.93B; + 11% Q / Q, -39% Y / Y); Ponal Visualization, $ 266M (estimate: $ 289.9M; -9% Q / Q); Data center, $ 634M (estimate: $ 663.7M; -7% Q / Q); Car, $ 166M (estimate: $ 162.3M; + 2% Q / Q); OEM and others, $ 99M (estimate: $ 111.5M; -15% Q / Q).
Non-GAAP gross margin was 59% versus 58.9%.
Operating expenses were $ 753M compared to the $ 760.2M estimate.
Previous calls: Nvidia beats $ 0.07, turns on income (May 1[ads1]6)
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