Chipmaker Nvidia jumps after earnings beat [CNBC]
MELLANOX TECHNOLOGIES (MLNX)
Last mellanox technologies earnings: 4/23 04:05 pm
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Source: CNBC
Chipmaker Nvidia jumps after earnings beat Chipmaker Nvidia Here are the key numbers: Nvidia said in a statement The first-quarter decline had to do with the "absence" of $289 million in revenue from graphics processing units for mining cryptocurrencies, in addition to performance in the gaming and data center markets, Nvidia said. Net income in the quarter excluding certain items fell to $543 million, or 88 cents per share, from $1.29 billion, or 2.05 per share. With respect to guidance, Nvidia is calling for revenue of $2.55 billion, plus or minus 2%, in the fiscal second quarter, which implies a year-over-year decline of 18.3%. Analysts surveyed by Refinitiv were looking for $2.54 billion in fiscal second-quarter revenue. "Our Q2 outlook is somewhat lower than our expectation earlier in the quarter, when our outlook for fiscal 2020 revenue was flat to down slightly from fiscal 2019," Nvidia's chief financial officer, Colette Kress, told analysts on a Thursday conference call. "T
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