Citi Is Hot on Nvidia Ahead of February 25. Should You Buy NVDA Stock Now?
Cash flow performance remained outstanding. Operating cash flow increased to $23.8 billion from $17.6 billion in the prior-year quarter, and free cash flow rose 64% to $22.1 billion. Nvidia ended the period with $60.6 billion in cash, short-term debt below $1 billion, and long-term debt of $7.5 billion, leaving cash more than eight times the long-term debt balance.The company recorded $57 billion in sales, which was 62% higher than the same quarter last year. Earnings per share climbed 60% to $1.30, clearin ...