Given that NVIDIA has only continued to trend upward since the year began, it feels pretty safe to say its newly-released RTX 3000 Series gaming technology is continuing to help raise the bar for NVIDIA business and demand. If one wishes to see the sheer acceleration of NVIDIA’s gaming hardware market, they only need look at its Gaming Revenue stats for Q2 2022, where it put up $3.06 billion and a massive 85 percent year-over-year. With the RTX 3000 Series GPUs in play, NVIDIA has continued to see increase in stock valuation throughout 2021. The company put up an adjusted EPS of $1.04 vs the estimated $1.01 - a further feather in NVIDIA’s cap for its Q2 2022. Other wins for the company included adjusted EPS. This was around $0.18 billion over its expectation, up 68 percent year-over-year, and a record quarter of overall revenue for the company.
According to the report, NVIDIA raked in a revenue of $6.51 billion USD. NVIDIA released its Q2 2022 earnings results on its investor relations website on August 18, 2021. In Q2 2022, NVIDIA was able to beat its adjusted earnings-per-share (EPS) and revenue estimates, putting up a record quarter in the latter and several other categories. Perhaps most notable was NVIDIA, which has continued to enjoy a lot of spotlight given its release of the much-sought RTX 3000 Series GPUs. Many have already posted their earnings results at this point, but there were a few last groups we were waiting to hear from in the technology and gaming sector. We’re closing in on the final reporting companies of the recent fiscal quarter.
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