Chip vendor Nvidia (NVDA) this afternoon reported fiscal Q4 revenue in line with consensus and profit per share that easily surpassed analysts’ estimates. The revenue view this quarter was lower, however.
Revenue in the three months ended in January rose to $1.11 billion, yielding EPS of 35 cents.
Analysts had been modeling $1.1 billion and 24 cents.
Gross margin in the quarter rose slightly to 53.2% from 53.1% in the preceding quarter and 52.5% in the year-earlier period, on a non-GAAP basis.
For the current quarter, the company sees revenue of about $940 million, give or take 2%, which is below the average $1.07 billion estimate of analysts.
Nvidia shares are down 17 cents at $12.20 in late trading.
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