(Tiper Stock Exchange) – Nvidiaa US technology company that develops graphics processors, closed its third quarter of fiscal 2023 (which ended October 30, 2022) with revenues of $5.93 billion, down 17% from a year ago and 12% from the prior quarter. Analysts on average expected revenue of $5.77 billion, according to data from Refinitiv. The revenues of data centers in the third quarter were up 31% from a year ago, while revenues gaming they are down 51% from a year ago.
L’Net income was $680 million, down 72% from a year ago and up 4% from the prior quarter. The GAAP earnings per share were $0.27, down 72% from a year ago, while adjusted earnings per share they were $0.58, down 50% from a year ago.
Nvidia predicts enter for the current quarter of $6 billion, plus or minus 2%, versus expectations of $6.09 billion. GAAP and non-GAAP gross margins are expected to be 63.2% and 66%, respectively, plus or minus 50 basis points.