NVIDIA Corp Files 8-K on Financials and Operations
Ticker: NVDA · Form: 8-K · Filed: May 22, 2024 · CIK: 1045810
| Field | Detail |
|---|---|
| Company | Nvidia CORP (NVDA) |
| Form Type | 8-K |
| Filed Date | May 22, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $0.04, $0.10, $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, operations, sec-filing
Related Tickers: NVDA
TL;DR
NVDA filed an 8-K on 5/22 detailing financials and operations.
AI Summary
On May 22, 2024, NVIDIA Corporation filed an 8-K report detailing its financial results and other events. The filing includes information related to its operations and financial condition, as well as financial statements and exhibits. Specific financial figures or operational highlights were not detailed in the provided text snippet.
Why It Matters
This filing provides investors with an update on NVIDIA's financial performance and significant corporate events, crucial for understanding the company's current standing and future outlook.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report for financial and operational updates, not indicating any immediate or unusual risks.
Key Players & Entities
- NVIDIA CORP (company) — Registrant
- May 22, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 2788 San Tomas Expressway (address) — Principal Executive Offices
- Santa Clara, CA 95051 (address) — Principal Executive Offices
- 408-486-2000 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing for NVIDIA Corp?
The primary purpose of this 8-K filing is to report on NVIDIA Corp's Results of Operations and Financial Condition, as well as other events and to provide Financial Statements and Exhibits.
On what date was this 8-K report filed?
The report was filed on May 22, 2024.
What is NVIDIA Corporation's state of incorporation?
NVIDIA Corporation is incorporated in Delaware.
Where are NVIDIA's principal executive offices located?
NVIDIA's principal executive offices are located at 2788 San Tomas Expressway, Santa Clara, CA 95051.
What is the registrant's telephone number?
The registrant's telephone number, including area code, is (408) 486-2000.
Filing Stats: 797 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2024-05-22 16:21:29
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share NVDA The Nasdaq Glo
- $0.04 — terly cash dividend by 150 percent from $0.04 per share to $0.10 per share of common
- $0.10 — by 150 percent from $0.04 per share to $0.10 per share of common stock. The increase
- $0.01 — The increased dividend is equivalent to $0.01 per share on a post-Stock Split basis a
Filing Documents
- nvda-20240522.htm (8-K) — 28KB
- q1fy25pr.htm (EX-99.1) — 278KB
- q1fy25cfocommentary.htm (EX-99.2) — 168KB
- nvdalogoa19a.jpg (GRAPHIC) — 13KB
- 0001045810-24-000113.txt ( ) — 649KB
- nvda-20240522.xsd (EX-101.SCH) — 2KB
- nvda-20240522_lab.xml (EX-101.LAB) — 22KB
- nvda-20240522_pre.xml (EX-101.PRE) — 13KB
- nvda-20240522_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 22, 2024, NVIDIA Corporation, or the Company, issued a press release announcing its results for the quarter ended April 28, 2024. The press release is attached as Exhibit 99.1 and is incorporated herein by reference. Attached hereto as Exhibit 99.2 and incorporated by reference herein is financial information and commentary by Colette M. Kress, Executive Vice President and Chief Financial Officer of the Company, regarding results for the quarter ended April 28, 2024, or the CFO Commentary. The CFO Commentary will be posted to http://investor.nvidia.com immediately after the filing of this Current Report. The press release and CFO Commentary are furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information in this Current Report shall not be incorporated by reference in any filing with the U.S. Securities and Exchange Commission made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
01. Other Events
Item 8.01. Other Events. On May 22, 2024, the Company announced a ten-for-one forward stock split, or the Stock Split, of the Company's issued common stock to be effected through the filing of an amendment to the Company's Restated Certificate of Incorporation, or the Amendment, with the Secretary of the State of Delaware. The Amendment will result in a proportionate increase in the number of shares of authorized common stock. As a result of the Stock Split, each record holder of common stock as of the close of market on Thursday, June 6, 2024 will receive nine additional shares of common stock, to be distributed after the close of market on Friday, June 7, 2024. Trading is expected to commence on a split-adjusted basis at market open on Monday, June 10, 2024. The Company also increased its quarterly cash dividend by 150 percent from $0.04 per share to $0.10 per share of common stock. The increased dividend is equivalent to $0.01 per share on a post-Stock Split basis and will be paid on Friday, June 28, 2024, to all shareholders of record on Tuesday, June 11, 2024.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press Release, dated May 22, 2024 , entitled "NVIDIA Announces Financial Results for First Quarter Fiscal 202 5 " 99.2 CFO Commentary on First Quarter Fiscal 202 5 Results 104 The cover page of this Current Report on Form 8-K, formatted in inline XBRL (included as Exhibit 101) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NVIDIA Corporation Date: May 22, 2024 By: /s/ Colette M. Kress Colette M. Kress Executive Vice President and Chief Financial Officer