Is It Time To Sell Nvidia?
Nvidia's second quarter results, released after the bell on Wednesday, showed adjusted earnings per share (EPS) tallied $0.68 on revenue of $30 billion.
Analysts were expecting adjusted EPS of $0.64 on revenue of $28.8 billion, according to data from Bloomberg. The company reported adjusted EPS of $0.27 on revenue of $13.5 billion in the same quarter last year.
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By the numbers: Analysts are expecting quarterly revenue of $28.73 billion and net income of $14.91 billion, according to S&P Capital IQ.
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