NVIDIA Announces Financial Results for First Quarter Fiscal 2024


NVIDIA CORPORATION
RECONCILIATION OF GAAP TO NON-GAAP OUTLOOK
   
 
   Q2 FY2024 Outlook
  ($ in millions)
   
GAAP gross margin 68.6%
 Impact of stock-based compensation expense, acquisition-related costs, and other costs 1.4%
Non-GAAP gross margin 70.0%
   
GAAP operating expenses$2,710 
 Stock-based compensation expense, acquisition-related costs, and other costs (810)
Non-GAAP operating expenses$1,900 
   

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/463fe102-9bba-4d9e-931c-3c5898b67a27


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NVIDIA headquarters in Santa Clara, Calif.


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