Nvidia (NASDAQ: NVDA) continues to impress, reporting strong performance in its latest quarter. The company beat estimates on both earnings and revenue, yet its Q3 revenue outlook slightly missed expectations.

Q2 Financial Highlights

• EPS: $0.96 compared to $0.93 estimate, beating by $0.03.

• Revenue: $44.1 billion surpassed the consensus of $43.31 billion.

This performance reflects ongoing demand driven by AI in the data center sector. To explore how Nvidia’s past EPS surprises have influenced its stock performance, review the historical data.

Q3 Revenue Guidance and Market Responses

• Revenue Guide: Expected at $45 billion, falling short of the $45.21 billion consensus.

• What This Means: The slight revenue miss indicates near-term challenges like export controls and inventory corrections in China, despite strong data-center demand.

Profitability Analysis

Nvidia maintains industry-leading profit margins, standing out amongst peers. Investors can check current profitability metrics to gauge Nvidia’s leverage and growth potential.

Stock Performance Overview

• Closing Price: $134.81

• 3-Month Return: Up by +7.9%

• 12-Month Return: Increased +17.4%

Despite the guidance miss, Nvidia’s strong margins may present a buying opportunity for long-term investors focused on the company’s future in AI technology.