{"id":10528,"date":"2021-11-19T14:12:00","date_gmt":"2021-11-19T11:12:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=10528"},"modified":"2023-06-22T17:40:29","modified_gmt":"2023-06-22T14:40:29","slug":"nvidia-quarterly-report-made-its-shares-sky-rocket","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/11\/19\/nvidia-quarterly-report-made-its-shares-sky-rocket\/","title":{"rendered":"NVIDIA Quarterly Report Made Its Shares Sky-Rocket"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>If you thought that all interesting quarterly reports were over, you were wrong. This week, a financial report for Q3, financial 2022 was presented by an American company <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/NVDA\/\" data-internallinksmanager029f6b8e52c=\"266\" title=\"NVIDIA Corp\">NVIDIA<\/a>.<\/p>\n\n\n\n<p>The company demonstrated all-time high revenue and a very optimistic forecast for this quarter. Do you want to know the details and the <a href=\"https:\/\/roboforex.com\/blog\/2019\/08\/20\/basics-of-technical-analysis\/\" data-internallinksmanager029f6b8e52c=\"64\" title=\"Tech analysis\">tech analysis<\/a> of the chip-maker's shares? Make yourself comfortable, and let's get started.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NVIDIA_report_for_Q3_financial_2022_income_grows_by_50\"><\/span><a><\/a>NVIDIA report for Q3, financial 2022: income grows by 50%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Financial statistics of NVIDIA for August-October 2021 was issued on November 17th, after the main trades closed. Performance of the chip-maker and computation leader turned out above expectations of Wall Street analysts.<\/p>\n\n\n\n<p>In August, I wrote that, by the report of NVIDIA for Q2, financial 2022, the revenue of the video card and micro chips designer reached its all-time high of $6.51 billion. And in Q3, the record was beaten, and the revenue reached $7.1 billion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_report_details\"><\/span><a><\/a>Important report details<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue &mdash; $7.103 billion, +50%, forecast &mdash; $6.83 billion.<\/li>\n\n\n\n<li>Return on stock &mdash; $0.97, +83%, forecast &mdash; $0.89.<\/li>\n\n\n\n<li>Net profit &mdash; $2.464 billion, +84%<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NVIDIA_sales_department-wise\"><\/span><a><\/a>NVIDIA sales department-wise<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Apart from general revenue, the corporation can boast all-time high revenue of certain segments. For example, the data-center department last quarter generated $2.94 billion of revenue, demonstrating growth by 55% compared to the same part of 2020.<\/p>\n\n\n\n<p>From the gaming sector, the corporation received even more &mdash; $3.2 billion. August through October 2021, the revenue it generated grew by 42%.<\/p>\n\n\n\n<p>The most prominent growth last quarter was demonstrated by the professional visualization sector. Sales grew by 144.5%, reaching $577 million. High-perfotmance graphics processors for professionals gained special popularity.<\/p>\n\n\n\n<p>However, the department for car industry products failed to impress investors by its quarterly performance. It, indeed, demonstrated growth by 8% to $135 million against Q3, financial 2021. However, against previous quarter, there is a decline by 11%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NVIDIA_shares_Sky-Rocket\"><\/span>NVIDIA shares Sky-Rocket<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>On November 18th, on the next day after the report was issued, the share price of NVIDIA Corporation (NASDAQ: NVDA) closed with growth by 8.25% to $316.75. Over the trading session, the quotations reached the high of $327.31. As you know, the shares have grown by 143% since January.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tech_analysis_of_NVIDIA_shares_by_Maksim_Artyomov\"><\/span><a><\/a>Tech analysis of NVIDIA shares by Maksim Artyomov<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>After the quarterly report, the shares of the company keep growing. Winding up the correction by a tech analysis pattern Pennant, the quotations started off by the signal. As long as the price renewed its all-time high again, the uptrend is likely to continue.<\/p>\n\n\n\n<p>Another signal supporting the growth is the 200-days <a href=\"https:\/\/roboforex.com\/blog\/2019\/08\/27\/what-is-a-moving-average\/\" data-internallinksmanager029f6b8e52c=\"68\" title=\"Moving Average\">Moving Average<\/a> that is also growing. As long as the profit of the company is also increasing, the quotations might reach $360 by the next quarterly report.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/11\/nvda-d1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"523\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/11\/nvda-d1.png\" alt=\"Tech analysis of Nvidia shares for 19.11.2021\" class=\"wp-image-10529\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/11\/nvda-d1.png 1200w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/11\/nvda-d1-360x157.png 360w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/11\/nvda-d1-768x335.png 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/11\/nvda-d1-150x65.png 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Summing_up\"><\/span><a><\/a>Summing up<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This week, performance in Q3, financial 2022 was reported by Nvidia. The designer of graphics processors and microchips boasted all-time high revenue of $7.1 billion.<\/p>\n\n\n\n<p>Moreover, the company voiced a very optimistic forecast for the current quarter. They expect the income in November-January to reach $7.4 billion, setting a new record. Also, the quarterly gross profit will reach 65.3%.<\/p>\n\n\n\n<p>With such a report and forecast, the quotations of the company grew by over 8%. Experts say that even with such speedy growth that we have seen over the year, the quotations still have potential for further growth.<\/p>\n\n\n\n<p class=\"wp-block-button aligncenter\">\n<a class=\"button button-green\" href=\"https:\/\/my.roboforex.com\/en\/register\/\" rel=\"nofollow\">Open Trading Account<\/a><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Quarterly report of Nvidia and their forecast for this quarter gave reasons for speedy growth of the shares. Nvidia shares rose by over 8%. Quarterly revenue increased by 50%. Tech analysis of Nvidia shares for 19.11.2021.<\/p>\n","protected":false},"author":58,"featured_media":10530,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[1149,181],"class_list":["post-10528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-financial-reports","tag-nvidia-corporation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NVIDIA Quarterly Report Made Its Shares Sky-Rocket - RoboForex Blog<\/title>\n<meta name=\"description\" content=\"Quarterly report of Nvidia and their forecast for this quarter gave reasons for speedy growth of the shares. Nvidia shares rose by over 8%. Quarterly revenue increased by 50%. 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