Nvidia (NVDA) Q4 2023 Earnings Report Analysis

– Revenue: $6.05 billion, up 18% quarter over quarter and 34% year over year.

– EPS: $0.88, up 10% quarter over quarter and 7% year over year.

– NVIDIA said it had record revenue from gaming, data center, professional visualization and automotive segments.

– Revenue outlook: $6.8 billion for Q1 fiscal 2024.

– Analysts expect EPS of $0.90 for Q1 fiscal 2024.

– NVIDIA launched over 70 new laptop models powered by its GeForce RTX 30 Series GPUs, delivering high performance for gaming and content creation.
   NVIDIA expanded its cloud gaming service to more than 800 games and 10 million members, with new features such as RTX ON for ray tracing and DLSS for image quality enhancement.  
   Omniverse Enterprise platform: NVIDIA announced a new platform for collaboration and simulation among 3D designers, engineers and artists, using real-time photorealistic rendering, physics, materials and interactive workflows.
   NVIDIA unveiled its first data center CPU designed for giant-scale AI and high-performance computing workloads, leveraging Arm-based architecture and tightly coupled with NVIDIA GPUs.
   NVIDIA revealed its roadmap for data center infrastructure processing units (DPUs), which offload networking, storage and security tasks from CPUs to accelerate cloud-native applications.

– Operating expense change: $1.67 billion for Q4 fiscal 2023, up 9% quarter over quarter and 23% year over year.

Sources:
(1) NVDA Earnings Date 2023 | NVIDIA Earnings Forecast – MarketBeat. https://www.marketbeat.com/stocks/NASDAQ/NVDA/earnings/
(2) NVIDIA Corporation – Financial Reports. https://investor.nvidia.com/financial-info/financial-reports/default.aspx
(3) Nvidia (NVDA) Q4 2023 Earnings Call Transcript. https://www.msn.com/en-us/money/companies/nvidia-nvda-q4-2023-earnings-call-transcript/ar-AA17OYL2
(4) NVIDIA (NVDA) CEO Jensen Huang says ‘AI is at an inflection point’. https://www.shacknews.com/article/134295/nvidia-nvda-ceo-jensen-huang-says-ai-is-at-an-inflection-point
(5) NVDA Q4 Earnings Today – Will It Beat Expectations?. https://markets.businessinsider.com/news/stocks/nvda-q4-earnings-today-–-will-it-beat-expectations-1032110611
(6) NVDA Earnings Date 2023 | NVIDIA Earnings Forecast – MarketBeat. https://www.marketbeat.com/stocks/NASDAQ/NVDA/earnings/
(7) NVIDIA Corporation – Financial Reports. https://investor.nvidia.com/financial-info/financial-reports/default.aspx
(8) NVIDIA Corporation (NVDA) Latest Stock Analysis | Seeking Alpha. https://seekingalpha.com/symbol/NVDA/analysis
(9) https://bing.com/search?q=nvda+latest+earning+report
(10) NVIDIA (NVDA) Q4 2023 earnings results beat revenue and EPS expectations. https://www.shacknews.com/article/134294/nvidia-nvda-q4-2023-earnings-results
(11) Nvidia (NVDA) Earnings: Finding a Potential Options Trade. https://www.nasdaq.com/articles/nvidia-nvda-earnings%3A-finding-a-potential-options-trade
(12) Nvidia (NVDA) Q4 2023 Earnings Call Transcript. https://www.msn.com/en-us/money/companies/nvidia-nvda-q4-2023-earnings-call-transcript/ar-AA17OYL2