Ambarella (AMBA) Tops Q2 EPS by 12c, Revenues Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Ambarella, Inc. Announces Second Quarter Fiscal Year 2019 Financial Results
August 30, 2018 4:05 PM EDTSANTA CLARA, Calif., Aug. 30, 2018 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), a leading developer of low-power, HD and Ultra HD video compression, image processing, and computer vision solutions, today announced financial results for its second quarter of fiscal year 2019 ended July 31, 2018.
Revenue for the second quarter of fiscal 2019 was $62.5 million, down 12.8% from $71.6 million in the same period in fiscal 2018. For the six months ended July 31, 2018, revenue was $119.4 million, down 12.0% from $135.8 million for the six months ended July 31, 2017.Gross margin under U.S. generally accepted accounting principles (GAAP)... More