NVDA earning

NVIDIA has reported its financial results for the fourth quarter and fiscal year 2023, which ended on January 29, 2023. The company's quarterly revenue was $6.05 billion, down 21% year-on-year but up 2% from the previous quarter. The fiscal year revenue was $26.97 billion, which was flat compared to the previous year. The company's GAAP earnings per diluted share for the quarter were $0.57, down 52% from a year ago, while non-GAAP earnings per diluted share were $0.88, down 33% from a year ago. NVIDIA returned $1.15 billion in share repurchases and cash dividends to shareholders during the fourth quarter and a total of $10.44 billion during the fiscal year. NVIDIA is partnering with cloud service providers to offer AI-as-a-service to enterprises, providing access to its AI platform.

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