Nvidia Expects Q3 GAAP, Non-GAAP Gross Margins To Be In Range Of 73.50% - 74.50%
NVIDIA (NASDAQ:NVDA) today announced it expects Q3 GAAP and non-GAAP gross margins are expected to be 74.0%, plus or minus 50 basis points.
Nvidia says that for the next three months, about 74 cents of every dollar they earn will be left over after paying costs. This shows the company is running very efficiently, and you can watch if they hit this target to see if their business stays strong.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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