NVIDIA Announces Record-breaking Financial Performance

Strong Fourth Quarter and Fiscal 2024 Results

NVIDIA Corporation (NASDAQ: NVDA) has reported impressive financial results for the fourth quarter and fiscal year 2024, setting new records in both revenue and earnings.

Record Revenue

The company achieved a record quarterly revenue of $22.1 billion, reflecting a 22% sequential increase and a remarkable 26.5% growth year-over-year. This revenue exceeded the company's previous guidance of $20 billion.

Strong Earnings

NVIDIA's diluted earnings per share on a non-GAAP basis reached $6.12, a 19% increase from the previous quarter and a significant 46.1% increase compared to the same quarter of the previous year.

Annual Shareholder Meeting

NVIDIA has scheduled its 2024 Annual Meeting of Stockholders for Tuesday, May 22, 2024, at 2:00 PM PT.