Nvidia’s second-quarter earnings were a beat. After the market close, the leading maker of chips for the artificial intelligence (AI) industry beat the Wall Street consensus.
Nvidia stock slips 7% despiteQ2 earnings beat. Nvidia delivered adjusted EPS of $0.68 but gross margin fell. Revenue above $30 billion topped the $28.73 billion consensus. Board approves new $50 billion share buyback scheme. Nvidia’s second-quarter earnings results were a beat. After the market close, the leading maker of chips for the artificial intelligence industry bestedthe Wall Street consensus handily.
stock, however, slipped more than 7% afterhours to $115 per share before recovering back near $124. For the fiscal second quarter of 2025, which ended in July, Nvidia earned $0.68 in adjusted EPS on revenue that topped $30 billion. Revenue rose 122% YoY and 15% from the previous quarter. Wall Street had expected Nvidia to deliver $0.64 in adjusted earnings per share on revenue of $28.73 billion with a 75.5% gross margin.
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