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Nvidia Q4 Fiscal 2019 Preview: Expect Sharp Decline In Top & Bottom Line Amid China And Crypto Woes

From forbes.com

Nvidia (NASDAQ:NVDA) is set to report its Q4 fiscal 2019 results on February 14, and it will likely see a sharp decline in its top line, as well as the bottom line, primarily due to China and crypto currency woes. The company will likely take pricing cuts to clear its crypto related inventory, and this will weigh on the overall earnings. Nvidia’s stock price has also corrected by roughly 50% since October last year, following the company’s weak guidance for Q4, which was further revised on the downside last month. We have created an interactive dashboard analysis ~ What To Expect From Nvidia’s Q4 Fiscal 2019. You can ... (full story)

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  • Category: Fundamental Analysis