Peeking further ahead, Nvidia’s fiscal 2021 revenue is expected to climb nearly 22% above our current year estimate to reach $13.23 billion. This would help push full-year fiscal 2020’s revenues down 7.15% from 2019’s $11.72 billion to $10.88 billion-which was up 21% from 2018. And this does appear to be the case even though the firm’s Q3 sales are expected to slip 8%. Investors might be pleased to see that this would mark a noticeably slower downturn than the trailing two periods and help to showcase that a return to growth might not be too far off. Moving on, NVDA’s Q2 revenue is projected to fall 18.5% to $2.55 billion, based on our current Zacks Consensus Estimates.
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