After the New York Stock Exchange closed on Wednesday, Nvidia presented its highly anticipated report.
The report showed that the adjusted profit per share for the past quarter was $0.68, compared to analysts' expectations, which averaged $0.64, according to CNBC.
The revenue landed at $30 billion, while expectations were at $28.7 billion. Compared to the corresponding quarter last year, revenue has increased by 122 percent.
For the current quarter, the company expects revenue to land at $32.5 billion. Analysts had expected it to reach $31.8 billion, according to the analysis firm Street Account.
Nvidia's revenue from data centers increased by 154 percent from the same period last year to $26.3 billion. Expectations were at $25.2 billion.
The company also announced a large repurchase of shares worth $50 billion.
Investors were not satisfied with the report. Half an hour after its release, the stock had fallen by approximately 4.5 percent in after-hours trading on the New York Stock Exchange.
Nvidia's stock has so far this year increased by nearly 155 percent.
