NVIDIA (Nasdaq: NVDA) reported earnings on May 9. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 28 (Q1), NVIDIA beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased. Non-GAAP earnings per share increased. GAAP earnings per share increased significantly.

Margins increased across the board.

Revenue details
NVIDIA logged revenue of $954.7 million. The 30 analysts polled by S&P Capital IQ wanted to see a top line of $940.5 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.18. The 16 earnings estimates compiled by S&P Capital IQ predicted $0.16 per share. Non-GAAP EPS of $0.18 for Q1 were 13% higher than the prior-year quarter's $0.16 per share. GAAP EPS of $0.13 for Q1 were 30% higher than the prior-year quarter's $0.10 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 54.3%, 420 basis points better than the prior-year quarter. Operating margin was 8.7%, 40 basis points better than the prior-year quarter. Net margin was 8.2%, 170 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1,000.0 million. On the bottom line, the average EPS estimate is $0.20.

Next year's average estimate for revenue is $4.21 billion. The average EPS estimate is $0.93.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 5,369 members out of 5,604 rating the stock outperform, and 235 members rating it underperform. Among 1,118 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,092 give NVIDIA a green thumbs-up, and 26 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 $14.30.

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