Nvidia’s (NVDA) outlook for Q4 includes revenue expected to be $65.0B, plus or minus 2%; GAAP and non-GAAP gross margins are expected to be 74.8% and 75.0%, respectively, plus or minus 50 basis points; GAAP and non-GAAP operating expenses are expected to be approximately $6.7B and $5.0B, respectively; GAAP and non-GAAP other income and expense are expected to be an income of approximately $500 million, excluding gains and losses from non-marketable and publicly-held equity securities; GAAP and non-GAAP tax rates are expected to be 17.0%, plus or minus 1%, excluding any discrete items.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- NVDA Earnings: Nvidia Q3 Revenues Surpass $50B, Beats Earnings Estimates
- Humain to deploy up to 600,000 Nvidia GPUs in Saudi Arabia, U.S. in next 3 years
- Quantum Leap: Palo Alto Networks, IBM to launch quantum-safe readiness solution
- AWS Partners with Humain to Deploy 150,000 AI Chips in Saudi Arabia
- Adobe Stock (ADBE) Slips despite AI Collab with Humain for the Middle East