MLNX - NVIDIA Earnings: What to Watch on Thursday
Game time is nearing! NVIDIA (NASDAQ: NVDA) is slated to report its fourth-quarter and full-year results for fiscal 2020 after the market close on Thursday, Feb. 13.
The graphics processing unit (GPU) leader is barreling toward its release on a solid note. While last quarter's results fell on a year-over-year basis, as expected, both the top and bottom lines were up sequentially and beat the Wall Street consensus estimates. Moreover, the profit beat was a sizable one.
Investor optimism is likely the highest it's been for a year. After four consecutive quarters of year-over-year revenue and earnings declines, NVIDIA's top and bottom lines are expected to grow once again.