The next expected annoucement date for quarterly earnings is, with an average estimated earnings per share of 0.45 for the fiscal quarter ending. 'We were challenged this quarter with a fair amount of supply chain challenges. On, NVIDIA Corporation (NVDA) announced earnings per share of 0.32 for the fiscal quarter ending, missing the average analyst estimate of 0.33. 'We're seeing a great deal of demand for GPUs in the cloud,' Huang said on the call. 17, 2021 that beat analysts expectations. Nvidia Corporation ( NVDA) reported Q3 FY 2022 earnings on Nov. Huang told analysts on the call that the company also faced supply chain challenges that prevented it from selling more systems to data centers. NVIDIA (NVDA) Financial Results: Analysis. 'I know the demand is strong, but we expected the demand to be even stronger,' Huang told Reuters about the write down of data center inventory.

It’s apt to say the figures were disappointing.

Nvidia said it took a $1.34 billion charge in the second quarter as it wrote down inventory built up when it thought the gaming and data center markets would be much stronger. 8, Nvidia released preliminary results for its second fiscal quarter (ending July 31, 2022). The gaming industry has been showing signs of weakness as consumers pull back from discretionary purchases such as video-gaming gear amid decades-high inflation. Data center revenue held up at $3.81 billion, up 61% year on year. Its gaming division posted revenue of $2.04 billion, down 33% year on year. The company's second quarter revenue of $6.70 billion was significantly lower than the $8.10 billion Nvidia forecast in May. Nvidia Chief Executive Jensen Huang said on an earnings call that Chinese cloud service providers' infrastructure investment had slowed a lot in the second quarter, but this had been offset by strong growth in the United States.

Nvda earnings 2022