Investing.com - NVIDIA reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NVIDIA announced earnings per share of $1.36 on revenue of $8.29B. Analysts polled by Investing.com EPS of $1.3 on revenue of $8.12B.
NVIDIA 's are down 42% and is trading at $157.15 , still down 51.01% from its 52 week high of $346.47 set on Monday, November 22, 2021.
NVIDIA shares lost 7.42% to trade at $157.15 in after-hours trade the report.
NVIDIA follows other major Information Technology sector earnings this month
NVIDIA's report follows an earnings beat by Apple on Thursday, April 28, 2022, who reported EPS of $1.52 on revenue of $97.28B, EPS of $1.42 on revenue of $94.03B.
Microsoft had beat expectations on Tuesday, April 26, 2022 with third quarter EPS of $2.22 on revenue of $49.36B, for EPS of $2.19 on revenue of $49.02B.
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