Nvidia Reports $58.3 Billion Profit and Announces $80 Billion Share Buyback
Nvidia's fiscal Q1 2027 net profit reached $58.3 billion, a 211% increase year-over-year. The company also plans an $80 billion share repurchase and increased its quarterly dividend, reflecting strong financial performance and growth in AI infrastructure.
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Nvidia's first quarter fiscal 2027 results show a net profit of $58.3 billion, up 211% from $18.8 billion in the previous year. Revenue hit $81.6 billion, an 85% year-over-year increase, surpassing analyst expectations of $78.9 billion.
The data center segment generated $75.2 billion, marking a 92% rise. Nvidia anticipates $91 billion in revenue for the next quarter, exceeding prior forecasts. The company approved an $80 billion share repurchase and increased its dividend from $0.01 to $0.25 per share, set for distribution on June 26, 2026. The absence of Data Center Hopper shipments to China contrasts with $4.6 billion in the previous year, indicating potential geopolitical impacts on revenue streams.
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