Nvidia (NVDA) Q1 Earnings Beat Expectations with $81.6B Revenue

AI Summary

Nvidia (NVDA) reported its fiscal 2027 Q1 earnings on May 20, achieving revenue of $81.6 billion, surpassing expectations of $78.8 billion. Earnings per share stood at $1.87, exceeding the anticipated $1.76. Despite this positive performance, the stock price did not react favorably. Nvidia maintains a gross margin of 75% and has increased its per-share dividend from $0.01 to $0.25, while also authorizing $80 billion in share buybacks, highlighting its financial strength.