Nvidia announces stock split, posts Q1 earnings beat

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Nvidia (NVDA) made a lot of headlines while posting its fiscal 2025 first quarter results.

The tech giant posted adjusted earnings per share of $6.12 versus the Street's $5.65 estimate. Revenue of $26.04 billion was better than the Bloomberg consensus of $24.69 billion and up 262% from a year ago.

Data center revenue rose 427% from a year ago to $22.6 billion, topping expectations of $21.13 billion.

Nvidia also announced a 10-for-1 stock split that will occur after the market close on June 7. The company is also raising its dividend from $0.04 to $0.10, which the company says is equivalent to $0.01 per share on a post-split basis.

For the second quarter, Nvidia expects to report revenue of $28 billion, plus or minus 2%, compared to the $26.6 billion estimate.

Yahoo Finance's Julie Hyman, Dan Howley and Josh Lipton break down Nvidia's latest quarterly report.

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This post was written by Stephanie Mikulich.