Nvidia, Home Depot, and Cisco: Earnings news roundup
NVIDIA Corporation (NVDA) reports earnings
NVIDIA Corporation (NVDA) has submitted its 10-Q filing for the quarterly period ended October 27, 2024.
The filing includes financial statements for the quarter, showing a revenue increase to $35.1 billion, up 94% from $18.1 billion in the same quarter the previous year. This growth was driven by strong demand for data center compute and networking platforms.
Home Depot Inc. (HD) reports earnings
Home Depot Inc. (HD) has submitted its 10-Q filing for the quarterly period ended October 27, 2024.
The filing includes financial statements for the quarter, showing net sales of $40.2 billion, an increase from $37.7 billion in the same quarter the previous year. The increase is attributed to the acquisition of SRS, which contributed $2.9 billion in net sales.
Cisco Systems Inc. (CSCO) reports earnings
Cisco Systems, Inc. has submitted its 10-Q filing for the quarterly period ended October 26, 2024.
The filing reports a decrease in total revenue to $13.8 billion from $14.7 billion in the same quarter the previous year, with a 9% decline in product revenue and a 6% increase in services revenue.
Intuit Inc. (INTU) reports earnings
Intuit Inc. (INTU) has submitted its 10-Q filing for the quarterly period ended October 31, 2024.
The filing includes financial statements for the quarter, showing an increase in total net revenue to $3.3 billion from $2.978 billion in the same quarter the previous year. This growth is attributed to a rise in Global Business Solutions and Credit Karma segment revenues.
Palo Alto Networks Inc. (PANW) reports earnings
Palo Alto Networks, Inc. has submitted its 10-Q filing for the quarterly period ended October 31, 2024.
The filing reports total revenue of $2.1 billion for the quarter, representing a 13.9% increase compared to the same quarter in the previous year. Product revenue was $353.8 million, a 3.7% increase from the prior year, while subscription and support revenue grew by 16.1% to $1.8 billion.
Starbucks Corporation (SBUX) reports earnings
Starbucks Corporation (SBUX) has submitted its 10-K filing for the fiscal year ended September 29, 2024.
The filing reports a 1% increase in total net revenues to $36.2 billion, driven by new company-operated store openings despite a decline in comparable store sales.
Air Products and Chemicals Inc. (APD) reports earnings
Air Products and Chemicals, Inc. has submitted its 10-K filing for the fiscal year ended September 30, 2024.
The filing includes financial statements for the year, showing a decrease in sales to $12.1 billion from $12.6 billion in the previous year. This decrease is primarily attributed to a 5% reduction in energy cost pass-through.
D.R. Horton Inc. (DHI) reports earnings
D.R. Horton, Inc. has submitted its annual 10-K filing for the fiscal year ended September 30, 2024.
The filing reports that D.R. Horton’s consolidated revenues increased by 4% to $36.8 billion, compared to $35.5 billion in the previous year. The company’s net income remained stable at $4.8 billion for both fiscal 2024 and 2023.
