(OP)inions Nvidia reports

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February 17, 2022

Nvidia Corp. shares didn‘t move much in the extended session Wednesday after the chip maker’s holiday quarter beat past Wall Streets and its own expectations, posting record sales and doubling its profits from a year ago.

Nvidia NVDA, +0.06%shares slipped 1% after hours, following a less than 0.1% advance in the regular session to close at $265.11. Shares closed at a split-adjustedall-time high of $333.76 on Nov. 29. All share and per-share figures are presented as split-adjusted.

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Nvidia reported fourth-quarter net income of $3 billion, or $1.18 a share, compared with $1.46 billion, or 58 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $1.32 a share, compared with 78 cents a share in the year-ago period.

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