Nvidia Corp.(NASDAQ:NVDA) shares were on the uptick, following on from the gains seen late yesterday after the company posted impressive, market-beating third quarter results.
The graphic processing unit maker said in the third quarter, net income came in at US$838mln or US$1.33 a share, compared with US$542mln or 83 US cents a share, a year ago.
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Revenue during the same period shot up to US$2.64bn from the US$2bn recorded a year ago.
The market was forecasting 95 US cents on revenue of US$2.36bn.
Nvidia is now guiding fourth quarter revenues at US$2.65bn, plus or minus 2 percentage points, or US$2.6bn - US$2.7bn.
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Wall Street’s consensus for the fourth quarter is US$2.44bn.
In premarket, its shares were up 4.91% at US$215.40.