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Nvidia posted another monster set of results for Q4. It reported that revenue grew by a whopping $39.3bn, higher than the $38bn expected last quarter, and a 45% increase on the $22bn of revenue it reported a year ago. Net income, or profit, also jumped to $22.09bn, up from $19.36bn in Q3, and gross profit margin was in line with expectations at 73%. The forecast for future revenues, which is one of the most anticipated parts of Nvidia’s results, also saw a decent uptick, the company expects revenues for this quarter to be $43bn +/- 2% for Q1.
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Create account Try a demo Download mobile app Download mobile appHowever, although the share price is now rallying, it has done so by less than average on results day for Nvidia. The question now is, will investors boost their enthusiasm for the stock on Thursday?
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