Nvidia CEO Jensen Huang shows off the Nvidia GeForce RTX 2080 Ti at Gamescom 2018.
Nvidia CEO Jensen Huang shows off the Nvidia GeForce RTX 2080 Ti at Gamescom 2018.
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Nvidia’s stock falls 15% after earnings miss

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Graphics and AI chip maker Nvidia saw its stock price fall 15 percent in after-hours trading after it reported third fiscal quarter earnings (ended October 28) that missed Wall Street’s targets.

On average, analysts expected revenue of $3.24 billion (up 23 percent annually) and non-GAAP earnings per share of $1.93. Nvidia came in with revenues of $3.18 billion and GAAP earnings per share of $1.97 and non-GAAP earnings per share of $1.84.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.