$NVDA.US NVIDIA $NVDA fully exceeded expectations in its second-quarter earnings report, but the stock price is still plunging.
Revenue reached $96.2 billion, surpassing the expected $92.38 billion.
Net profit reached $59.69 billion; adjusted earnings per share were $2.22, exceeding the expected $2.10.
Gross margin remained at 75%.
The third-quarter guidance also beat expectations: $108 billion versus the expected $104.19 billion.
Revenue reached $96.2 billion, surpassing the expected $92.38 billion.
Net profit reached $59.69 billion; adjusted earnings per share were $2.22, exceeding the expected $2.10.
Gross margin remained at 75%.
The third-quarter guidance also beat expectations: $108 billion versus the expected $104.19 billion.
