NVIDIA Shares Up 5% Following Q1 Beat, Guidance Disappoints 
<p><a href='https://financialmodelingprep.com/financial-summary/NVDA'>NVIDIA (NASDAQ: NVDA)</a> shares closed more than 5% higher on Thursday following the company’s reported Q1 results, with EPS coming in at $1.36, beating the Street estimate of $1.29. Revenue came in at $8.29 billion, compared to the Street estimate of $8.12 billion.</p>
<p>Despite the beat, Q2 revenue guidance significantly missed the Street estimates driven by Russia, China lockdown and Crypto softness impacting primarily Gaming ($400 million) and to a lesser extent Datacenter ($100 million).</p>
<p>Analysts at Deutsche Bank said they remain impressed by the company’s wide array of long-term growth drivers in DC and increasingly in Automotive, however they believe the current uncertainties in Gaming and a rising investor skepticism on the sustainability of sector-wide DC strength will likely remain headwinds to the near-term upside. </p>
<p>The company expects Q2/23 revenue to be $8.1 billion, compared to the consensus of $8.45 billion, and revenue is expected to be $8.10 billion, plus/minus 2%.</p>

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