Moreover, the reported figure plunged 51% year over year and 63% sequentially. For the second quarter, NVIDIA reported non-GAAP earnings of 51 cents per share, which missed the Zacks Consensus Estimate by 8.9%. NVIDIA reported lower-than-expected earnings results for the second quarter of fiscal 2023. NVIDIA Misses Q2 Earnings Estimates, Issues Dim Q3 Guidance Will the recent negative trend continue leading up to its next earnings release, or is Nvidia due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Shares have lost about 29.9% in that time frame, underperforming the S&P 500. It has been about a month since the last earnings report for Nvidia (NVDA).
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