英伟达：业绩再次全面超预期

Investment Rating - The report does not provide a specific investment rating for the company [6] Core Insights - The company reported a strong performance in Q1 FY25 with revenue of $26 billion, exceeding previous guidance and consensus estimates [1] - Data center revenue was a major driver, reaching $22.6 billion, reflecting significant year-over-year growth [1] - The company provided optimistic guidance for Q2 FY25, projecting revenue of $28 billion, which is above previous expectations [1] - The report anticipates continued high growth in data center revenue over the next two years due to strong demand from cloud service providers [1] - Earnings forecasts have been raised, with Q2 FY25 non-GAAP EPS expected to be $6.6, higher than consensus estimates [1] Financial Overview - Revenue projections for FY25 have been increased to $120.2 billion, surpassing consensus estimates [1] - Non-GAAP EPS for FY25 is now forecasted at $27.06, also above consensus [1] - The company’s gross margin for Q1 FY25 was reported at 78.9%, exceeding guidance and expectations [1] - The financial data indicates a significant increase in revenue and net profit over the next few years, with a projected revenue of $150.8 billion in FY26 and $160.5 billion in FY27 [5][14]