Nvidia’s stock rebounds as earnings call begins, revenue hits $96.2B

Nvidia just turned in another quarter that makes the rest of the S&P 500 look like it’s standing still. The company reported $96.2 billion in revenue for its fiscal second quarter of 2027, a 106% jump from the same period last year and an 18% increase from the prior quarter. Wall Street had penciled in roughly $92.2 billion. Nvidia beat that by $4 billion. The numbers behind the rebound Nvidia’s stock had slipped about 1.6% during regular trading on August 26, the kind of pre-earnings jitter that’s become almost ritual for mega-cap tech names. But once the actual results hit, shares reversed course in after-hours trading. The data center segment, now responsible for approximately 92% of Nvidia’s total revenue, pulled in $89 billion. That’s a 117% increase year-over-year. On the bottom line, GAAP net income came in at $59.7 billion, translating to diluted earnings per share of $2.46. The non-GAAP EPS of $2.22 cleared consensus estimates of around $2.10. This marks the 15th consecutive quarter Nvidia has beaten expectations. Guidance that moved the needle What really got after-hours traders excited was the forward outlook. Nvidia projected Q3 revenue of $108 billion, plus or minu...