I imagine a lot of folks here are somewhat familiar with NVIDIA Corp, but for those who may not be, or maybe not thought of it in the context of stocks we look at here, I figured I would give it a try.
They just released great earnings today after market close, and it has been on a great run, so there could be a little volatility. But I think still offers a lot of value, and definitely worth a look.
They are what what they call a “Visual Computing Company”, founded in 1993 so have been around a while. CEO Jen-Hsun Huang is co-founder of the company.
What is a Visual Computing Company?
Well, they traditionally have made graphics processors for computers and that is what they are best known for. But they are a lot more than what powers the amazing visuals in some kid’s laptop playing video games.
They break down into 4 categories:
DataCenter - Also automated learning machines, or AI (artificial intelligence
“They also integrates its GPUs into powerful mobile system-on-a-chip (SOC) processors, which drive supercomputing capabilities for tablets and online gaming and entertainment devices, as well as autonomous robots, drones and cars.”
So they have their stuff in a lot of things currently being used, and in a lot of things that should be taking off as technology advances.
Here are the numbers as I calculated.
Revenue (in billions) EPS (non-GAAP)
2Q2017 1.43 .53
1Q2017 1.30 .46
4Q2016 1.40 .52
3Q2016 1.31 .46
2Q2016 1.15 .34
1Q2016 1.15 .33
4Q2015 1.13 .35
3Q2015 1.23 .39
24% yoy rev growth for current qtr
56% yoy growth EPS (non-GAAP)
Current price $59.70 at close today. ($61.45 after hours)
Revenue is expected to be $1.68 billion, plus or minus two percent.
Please check my math, and let me know if anything is out of whack here. My first attempt at this on this board, so I welcome all thoughts and appreciate any feedback.
Just trying my hand at contributing a little after I have received so much from this board.