Commentary
Last Wednesday, Nvidia announced that its latest quarterly revenues rose 261% to $26 billion, compared with $7.2 billion in the same quarter a year ago. During the same period, operating earnings rose 461.5% to $6.12 per share. The analyst community was expecting revenue of $24.7 billion and operating earnings of $5.65 per share, so the company posted a 5.3% revenue surprise and an 8.3% earnings surprise.