NVIDIA (Nasdaq: NVDA ) reported earnings on Feb. 15. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Jan. 29 (Q4), NVIDIA met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share shrank significantly.
Gross margins improved, operating margins dropped, and net margins contracted.
NVIDIA notched revenue of $953.2 million. The 27 analysts polled by S&P Capital IQ foresaw revenue of $950.2 million on the same basis. GAAP reported sales were 7.5% higher than the prior-year quarter's $886.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.26. The 16 earnings estimates compiled by S&P Capital IQ anticipated $0.24 per share on the same basis. GAAP EPS of $0.19 for Q4 were 32% lower than the prior-year quarter's $0.28 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 52.2%, 410 basis points better than the prior-year quarter. Operating margin was 13.6%, 30 basis points worse than the prior-year quarter. Net margin was 12.2%, 720 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $923.6 million. On the bottom line, the average EPS estimate is $0.16.
Next year's average estimate for revenue is $4.14 billion. The average EPS estimate is $0.93.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 5,214 members out of 5,436 rating the stock outperform, and 222 members rating it underperform. Among 1,368 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,339 give NVIDIA a green thumbs-up, and 29 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NVIDIA is hold, with an average price target of $16.04.
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