(CercleFinance.com) – Nvidia publishes adjusted revenue of $22.1 billion for the 4th quarter of its 2024 fiscal year (i.e. the three-month period ending January 28, 2024), an annual increase 265% and +22% compared to the previous quarter.
The adjusted gross margin reached 76.7%, up 10.6 points in one year.
Nvidia recorded adjusted net profit of $12.8 billion, up 491% in twelve months, revealing quarterly adjusted EPS of $5.16 (+486%).
Over the entire financial year, Nvidia’s adjusted turnover stood at $60.9 billion (+126%), with an adjusted gross margin of 73.8% (+14.6 pts). Adjusted net profit stood at $32.3 billion (+286%) for adjusted EPS of $12.96 (+288%).
‘Accelerated computing and generative AI have reached a tipping point. Demand is increasing across companies, industries and countries around the world,’ commented Jensen Huang, founder and CEO of NVIDIA.
For the first quarter of its 2025 financial year, Nvidia expects a turnover of $24 billion (within 2%).
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