Nvidia Shares Surge After Crushing First Quarter Estimates

Nvidia shares are on the rise after reporting first quarter earnings of $0.79 a share topping estimates of $0.66.
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Nvidia (NVDA) - Get Report shares are on the rise after reporting first quarter earnings of $0.79 a share topping estimates of $0.66.

Revenue of $1.94 billion eclipsed estimates of $1.91 billion. During the same quarter a year ago, revenue stood at $1.3 billion.

Second quarter revenue guidance came in at $1.95 billion. The stock tripled in value back in 2016.