Nvidia is the world's most valuable publicly traded company. Tonight's report was received with great interest by the entire AI and chip sector.
Earnings per share were $2.22. Analyst firm LSEG had expected $2.10 per share, CNBC reports.
Revenue for the quarter was $96.2 billion, more than doubling from the same quarter a year ago.
Analysts had expected revenue of $92.2 billion this quarter.
For the current quarter, the company's revenue is estimated to be $108 billion, plus or minus two percent, writes Bloomberg.
Nvidia CEO Jensen Huang says in a comment in the quarterly report that the landscape is changing a lot.
“At this time last year, a single lab was driving the expansion. Today, we have a golden era of new AI labs and startups,” he says.
For the second quarter in a row, Nvidia's gross margin is at 75 percent, but that figure is expected to drop to around 74 percent in the current quarter.
Data centre revenue increased 117 percent to $89 billion compared with a year ago.
Nvidia's stock initially fell in after-hours trading on the New York Stock Exchange, but about 45 minutes after the report was released, it was up 4.3 percent.
