![NVIDIA exceeds earnings expectations with robust Q3 performance, hits new all-time high in pre-market trading](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/11/DALL·E-2023-11-22-12.09.00-A-high-quality-16_9-image-depicting-NVIDIAs-strong-financial-performance-in-its-latest-Q3-earnings-report.-The-image-should-illustrate-the-concept-o-Custom.png&w=70&h=37&q=75)
Quick Take
NVIDIA’s latest Q3 earnings report showcased stronger performance than anticipated, with a revenue of $18.12 billion, outpacing the expected $16.18 billion. Similarly, earnings per share (EPS) stood at $4.02 on an adjusted basis, exceeding the forecasted $3.37 as reported by CNBC.
NVIDIA’s stock has shown resilience and is currently trading upwards at $506 per share in the pre-market trading, up 1.3%.
The company’s shares have escalated by more than 248% year-to-date. With a current market capitalization of approximately $1.2 trillion, these figures underline NVIDIA’s robust position in the market.
![NVIDIA Share Price: (Source: Trading View)](https://cryptoslate.com/wp-content/uploads/2023/11/506.png)