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NVIDIA Corp. (NVDA) Is Losing Ground Following Q4 Report

NVIDIA Corp. (NVDA) reported fourth quarter non-GAAP EPS of $0.26 after the close Wednesday, compared to $0.24 in the prior year period. The consensus estimate was for EPS of $0.19. Revenues came in at $953.2 million, up from $886.4 million last year. The company expects to report first quarter revenues of $900 million to $930 million. The stock is now down 0.67 on 553K shares.

NVIDIA traded in a range for the majority of Wednesday's session and closed down by 0.07 at $16.17. The stock pulled back slightly from the upper end of a 2-week range.

by RTTNews Staff Writer

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