Nvidia Returned $26 Billion to Shareholders Last Quarter Alone. Here's What That Buys You as an Investor.
Has returned income become a central reason to buy Nvidia stock?
Overview
Nvidia's (NASDAQ: NVDA) report for the second quarter of its 2027 fiscal year showed that the company is still enjoying incredible growth in conjunction with artificial intelligence (AI) demand trends. The fiscal quarter, which wrapped on July 26, saw the business record non-GAAP (adjusted) earnings per share of $2.22 on revenue of $96.22 billion. For reference, the average analyst estimate had modeled adjusted per-share earnings of $2.10 on revenue of $92.17 billion.
Along with its fiscal Q2 report, Nvidia also announced that it had returned $26 billion to shareholders in the quarter -- with $20 billion coming in the form of buybacks and $6 billion in the form of dividend payments. What does that mean for shareholders?
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Originally published at www.fool.com.