![]() ![]() ![]() “We are navigating our supply chain transitions in a challenging macro environment, and we will get through this,” said CEO Jensen Huang. Management said they expected revenue of $5.9 billion for Q3 due to continued deceleration in the gaming segment. Though it was the second quarter earnings that was the reason for the release, the focus was entirely on Q3. Shares are down a somewhat better 3% in Thursday's premarket at $167. UPDATE: Extremely poor guidance for the third quarter led Nvidia stock to sell off afterhours on Wednesday. NVDA pre-reported Q2 revenue due to demand weakness.Wall Street consensus is for adjusted EPS of $0.52 on $6.7 billion in sales.Nvidia will release official Q2 earnings after the close on August 24.
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