Nvidia Q3 2024 Earnings Call Summary And Analysis

Nvidia Q3 2024 Earnings Call Summary And Analysis. Gaap earnings per diluted share surged to $3.71,. For the upcoming quarter, revenue is projected at $20 billion, a potential increase driven by strong data center demand and networking growth, while gaming revenue could see a decline due.

Nvidia’s data center revenue hit a record $26.3 billion in the second quarter, and analysts are calling for it to climb to a fresh high of $29.53 billion in the third quarter. Nvidia achieved progress since its previous earnings announcement in these areas: