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Nvidia Reports Beat-And-Raise Q1, Announces 150% Dividend Hike, 10-For-1 Stock Split
Nvidia Corp. (NASDAQ:NVDA), which is spearheading the artificial intelligence revolution, reported Wednesday after the close first-quarter results that climbed past lofty expectations amid ever-increasing demand for its AI accelerators. The guidance for the second quarter also exceeded expectations. The company announced a 10-for-1 stock split and hiked its quarterly dividend by 150%. Reacting to the results, Nvidia’s stock rose in after-hours trading.
Nvidia’s Key Q1 Metrics:
Q1’25
Consensus*
Guidance
Y-o-Y Growth
Q-o-Q Growth
Revenue
$26.04B
$24.64B
$24B +/- 2%
262%
+18%
Non-GAAP EPS
$6.12
$5.59
N/A
+461%
+19%
Non-GAAP gross margin
78.9%
N/A
77% +/- 50 bps
+2.2 bps
+12.1 bps
*Benzinga Pro data
“The next industrial revolution has begun — companies and countries are partnering with NVIDIA to shift the trillion-dollar traditional data centers to accelerated computing and build a new type of data center — AI factories — to produce a new commodity: artificial intelligence,” said CEO Jensen Huang.
“AI will bring significant productivity gains to nearly every industry and help companies be more cost- and energy-efficient, while expanding ...