In the past year Nvidia has dealt with numerous issues, including the disappearance in revenue from selling cards for mining cryptocurrencies and a pause in spending from companies that operate hefty data centers, and they've hurt the company's track record of surpassing expectations, Deutsche Bank analysts led by Ross Seymore wrote in a note distributed to clients on Sunday. Nvidia is calling for $805 million in operating expenses in the fiscal fourth quarter, excluding certain items, more than the FactSet estimate of $768 million. The company believes the Data Center business will post a sequential improvement in the fiscal fourth quarter. Nvidia's forecast doesn't include the impact from Mellanox, a $6.9 billion acquisition that has not yet closed. But analysts polled by Refinitiv had expected $3.06 billion in fiscal fourth-quarter revenue. In terms of guidance, Nvidia said it expects $2.95 billion in revenue, plus or minus 2%, for the fiscal fourth quarter, which implies a nearly 34% increase. In the fiscal third quarter Nvidia announced new GeForce Super graphics processing units for gaming and a new kind of Microsoft Azure Data Box Edge hardware product containing its T4 GPUs. The Professional Visualization segment came up with revenue of $324 million, higher than the $315.4 million estimate. The company Data Center business delivered $726 million in revenue, less than the $754.2 million FactSet consensus estimate. Nvidia's largest business segment, Gaming, shrunk 6% year-over-year at $1.66 billion in quarterly revenue, which is above the $1.54 billion consensus among analysts polled by FactSet.

The company sold inventory that it had previously written off in the quarter, but revenue has now declined four quarters in a row on an annualized basis. Nvidia's revenue fell 5% from a year ago in the quarter, which ended on October 27, according to a statement.

Nvda earnings q3 2017