When Is NVDA Earnings Call?

NVIDIA, a leading player in the semiconductor industry, is set to report its quarterly earnings today after the market closes. As investors await the release of these figures, it's essential to understand what's driving the company's performance and what to expect from the earnings call.

Recently, Qualcomm provided new financial targets, outlining impressive growth prospects for its CDMA-mobile business. The company aims to achieve a 30% operating margin by fiscal 2024, with revenues growing at a mid-teens CAGR during this period. Moreover, Qualcomm expects Handset and RF front-end revenues to grow in line with the broader semiconductor market's anticipated 12% compound annual growth rate (CAGR) by fiscal 2024.

These targets demonstrate the company's diversification strategy is paying off, with multiple semiconductor markets and technologies contributing to its growth. In fact, Qualcomm has forecast double-digit revenue growth for the next five years, fueled by this expansion into new areas.

Meanwhile, NVIDIA's own performance has been impressive, with the stock running hard in the past three weeks since breaking out above $230. However, some analysts believe that the recent rally may have pushed the stock to 'priced for perfection' levels, leaving little room for further growth if earnings disappoint.

For those interested in buying NVIDIA shares after the earnings release, it's crucial to be prepared for a potential knee-jerk reaction lower. By having a solid plan in place, investors can capitalize on any dips and benefit from the company's long-term growth prospects.

In conclusion, today's NVDA earnings call is highly anticipated, with investors eager to learn more about the company's performance and future outlook. As the market digests these figures, it's essential for traders and investors alike to stay informed and adaptable, ready to capitalize on any opportunities that arise.

When is nvda earnings call