The year-over-year decline reflects lower revenues from legacy infotainment modules and autonomous vehicle solutions, partially negated by growth in AI cockpit solutions. NVIDIA Corporation Price, Consensus and EPS SurpriseĪutomotive revenues in the reported quarter totaled $162 million, reflecting a 5.8% year-over-year and a 22.5% sequential decline. This was partially offset by an increase in Hyperscale demand, which sequentially drove revenues by 10.8%. The decline reflects lower enterprise revenues due to an unfavorable product mix and decreased DGX sales. Meanwhile, revenues from Data Center deteriorated 8.3% year over year to $726 million. However, the same was up 26.4% sequentially, backed by strong growth in GeForce desktop and notebook GPUs.

On the basis of market platform, Gaming revenues were down 6% on a year-over-year basis to $1.66 billion due to decreased shipments of GeForce desktop GPUs. Tegra Processor Business revenues were $449 million, up 10.3% on a year-over-year basis but down 5.5% sequentially. However, on a sequential basis, segment revenues grew 21.9%. Revenues at the GPU Business fell 7.1% year over year to $2.57 billion.

However, the top line rose 16.9% sequentially. Revenues of $3.01 billion beat the consensus mark by 3.9% but declined 5.2% year over year. However, the bottom line surged 43.5% sequentially. NVIDIA NVDA reported third-quarter fiscal 2020 non-GAAP earnings of $1.78 per share that beat the Zacks Consensus Estimate by 13.4% but declined 3.3% year over year.

Nvda earnings q3