Nvidia Non-GAAP EPS of $1.09 beats by $0.17, revenue of $7.19B beats by $670M
Nvidia press release (NASDAQ:NVDA): Q1 Non-GAAP EPS of $1.09  beats by $0.17.
Revenue of $7.19B (-13.3% Y/Y)  beats by $670M.
Record Data Center revenue of $4.28 billion.
During the first quarter of fiscal 2024, NVIDIA returned to shareholders $99 million in cash dividends.

NVIDIA will pay its next quarterly cash dividend of $0.04 per share on June 30, 2023, to all shareholders of record on June 8, 2023.

Q2 Outlook: Revenue is expected to be $11.00 billion vs. consensus of $7.11B, plus or minus 2%.
GAAP and non-GAAP gross margins are expected to be 68.6% and 70.0%, respectively, plus or minus 50 basis points.
GAAP and non-GAAP operating expenses are expected to be approximately $2.71 billion and $1.90 billion, respectively.
GAAP and non-GAAP other income and expense are expected to be an income of approximately $90 million, excluding gains and losses from non-affiliated investments.
GAAP and non-GAAP tax rates are expected to be 14.0%, plus or minus 1%, excluding any discrete items.
Shares +8.79%.