Ambarella (AMBA) Tops Q2 EPS by 4c; Guides Q3 Revs In-Line

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Ambarella, Inc. Announces Second Quarter Fiscal Year 2018 Financial Results

August 31, 2017 4:05 PM EDT

SANTA CLARA, Calif., Aug. 31, 2017 (GLOBE NEWSWIRE) -- Ambarella, Inc.  (NASDAQ: AMBA), a leading developer of low-power, HD and Ultra HD video compression and image processing semiconductors, today announced financial results for its second quarter of fiscal year 2018 ended July 31, 2017.

Revenue for the second quarter of fiscal 2018 was $71.6 million, up 10.0% from $65.1 million in the same period in fiscal 2017. For the six months ended July 31, 2017, revenue was $135.8 million, up 11.0% from $122.3 million for the six months ended July 31, 2016.Gross margin under U.S. generally accepted accounting principles (GAAP) for the second... More