From Investor's Business Daily:
Nvidia Earnings Beat Views For Fiscal First Quarter, Sending Stock Up
Graphics-chip maker Nvidia (NVDA) late Thursday beat Wall Street's earnings target for its fiscal first quarter. The Nvidia earnings news sent its stock surging in extended trading.
The Santa Clara, Calif.-based company earned an adjusted 88 cents a share on sales of $2.22 billion in the quarter ended April 28. Analysts expected Nvidia earnings of 82 cents a share on sales of $2.25 billion, according to Zacks Investment Research. In the year-earlier period, it earned $2.05 a share on sales of $3.21 billion.
Nvidia stock jumped 5% in after-hours trading on the stock market today. During the regular session, it rose 0.4% to 160.19.IBD home
Details to follow.
In the meantime here is commentary from the Go-Go's
