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Nvidia sees Q1 revenue $43B plus or minus 2%, consensus $42.05B

Nvidia’s (NVDA) outlook for Q1 includes revenue to be $43.0B, plus or minus 2%; GAAP and non-GAAP gross margins are expected to be 70.6% and 71.0%, respectively, plus or minus 50 basis points; GAAP and non-GAAP operating expenses are expected to be approximately $5.2B and $3.6B, respectively; GAAP and non-GAAP other income and expense are expected to be an income of approximately $400 million, excluding gains and losses from non-marketable and publicly-held equity securities; GAAP and non-GAAP tax rates are expected to be 17.0%, plus or minus 1%, excluding any discrete items.

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