Feb 26, 10:22 PM

NVIDIA CFO Projects Gross Margins to Improve to Mid-70% Range Later in FY25 After Decline to 71.0% from 74.56%

NVIDIA's Chief Financial Officer has indicated that the company's gross margins, which are projected to decline to 71.0% next quarter from 74.56%, are expected to improve and return to the mid-70% range later in fiscal year 2025. This forecast comes amid indications of accelerating demand, particularly within the networking unit, which is anticipated to return to growth in the first quarter of fiscal 2025. The gross margin compression is often seen as an early warning sign that earnings may have peaked, but the CFO's comments suggest a positive outlook for recovery in margins.

#NVIDIA

Written with ChatGPT (GPT-4o mini).

Sources

Cheddar Flow@CheddarFlow
2 years ago
$NVDA CFO: Gross margins will improve and return to mid 70% range later this fiscal year
zerohedge@zerohedge
2 years ago
NVIDIA CFO SAYS GROSS MARGIN WILL IMPROVE AND RETURN TO MID-70% RANGE LATER THIS FISCAL YEAR
Wall St Engine@wallstengine
2 years ago
$NVDA CFO: GROSS MARGINS TO RETURN TO MID-70% RANGE LATER THIS YEAR

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