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Nvidia, Home Depot, and Cisco: Earnings news roundup

A collection of our earnings snapshots from this week

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NVIDIA Corporation (NVDA) has submitted its 10-Q filing for the quarterly period ended October 27, 2024.

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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.

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Home Depot Inc. (HD) has submitted its 10-Q filing for the quarterly period ended October 27, 2024.

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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.

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Cisco Systems, Inc. has submitted its 10-Q filing for the quarterly period ended October 26, 2024.

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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.

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Intuit Inc. (INTU) has submitted its 10-Q filing for the quarterly period ended October 31, 2024.

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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.

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Palo Alto Networks, Inc. has submitted its 10-Q filing for the quarterly period ended October 31, 2024.

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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.

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Starbucks Corporation (SBUX) has submitted its 10-K filing for the fiscal year ended September 29, 2024.

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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.

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Air Products and Chemicals, Inc. has submitted its 10-K filing for the fiscal year ended September 30, 2024.

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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.

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D.R. Horton, Inc. has submitted its annual 10-K filing for the fiscal year ended September 30, 2024.

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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.

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