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Nvidia lowers revenue guidance from $2.7B to $2.2B for Q4 2019 due to "deteriorating macroeconomic conditions, particularly in China"; stock down 14%+ (Sara Salinas/CNBC)
By
Eresh
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January 28, 2019
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http://www.techmeme.com/
Techmeme
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Sara Salinas / CNBC:
Nvidia lowers revenue guidance from $2.7B to $2.2B for Q4 2019 due to “deteriorating macroeconomic conditions, particularly in China”; stock down 14%+ — - The company reports earnings on Feb. 14, and now expects quarterly revenue of $2.20 billion, down from previously stated guidance of $2.70 billion.
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