I=6
Nvidia beats revenue and earnings estimates; shares rise 6% premarket as fiscal 2028 growth outlook crushes expectations
-
Nvidia’s Q2 2027 revenue rose 106% y/y to $96.22 billion, above $92.17 billion estimate while adjusted EPS was $2.22 versus $2.10 estimate.
-
It guided 2028 revenue growth rate of 70%, above analysts estimate of 44%.
“Customers’ forecasts point to our growth next year. However, as I mentioned earlier, we expect to grow approximately 70% as we are supply-constrained,” CFO Colette Kress said on the earnings call.