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Published on AssetRoom at: August 28, 2024 at 17:11 EST
NVIDIA Corporation reported significant financial growth for the second quarter and first half of fiscal year 2025, ending July 28, 2024. The company achieved revenue of $30,040 million for the three months, a remarkable 122% increase from $13,507 million in the same period of the previous year. For the six months, revenue reached $56,084 million, up 171% from $20,699 million year-over-year. This growth was primarily driven by strong demand in the Compute & Networking segment, which generated $26,446 million in revenue, a 154% increase from $10,402 million in the prior year.
Read full summaryPublished on AssetRoom at: August 29, 2024 at 16:24 EST
Snowflake Inc. reported significant financial results for the three and six months ended July 31, 2024, reflecting continued growth in revenue but also increased net losses compared to the previous fiscal period. For the three months, revenue reached $868.8 million, a 29% increase from $674.0 million in the same period of 2023. For the six months, revenue totaled $1.7 billion, up 31% from $1.3 billion year-over-year. Product revenue also saw substantial growth, with a 30% increase for the three months and a 32% increase for the six months.
Read full summaryPublished on AssetRoom at: August 28, 2024 at 07:36 EST
Chewy, Inc. reported significant financial performance improvements in its latest 10-Q filing for the quarter ending July 28, 2024. The company achieved net sales of $2.86 billion, reflecting a 2.6% increase from $2.79 billion in the same quarter of 2023. For the first half of fiscal 2024, net sales reached $5.74 billion, up 2.9% from $5.58 billion in the prior year. Gross profit for the quarter was $843.8 million, a 7.0% increase compared to $788.7 million in the previous year, while gross profit for the first half rose to $1.70 billion, up 7.4% from $1.58 billion.
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