NVIDIA (NVDA) Cuts Q4 Guidance

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Go back to NVIDIA (NVDA) Cuts Q4 Guidance

NVIDIA Updates Financial Guidance for Fourth Quarter of Fiscal Year 2019

January 28, 2019 9:01 AM EST

Fourth quarter revenue expected to be $2.20 billion versus previous guidance of $2.70 billionGaming and Datacenter revenue below companys expectationsManagement to discuss reported financial results on Feb. 14 earnings call

SANTA CLARA, Calif., Jan. 28, 2019 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today updated its financial guidance for the fourth quarter of fiscal year 2019, reflecting weaker than forecasted sales of its Gaming and Datacenter platforms. 

In Gaming, NVIDIAs previous fourth-quarter guidance had embedded a sequential decline due to excess mid-range channel inventory following the... More