Ambarella, Inc. Announces Second Quarter Fiscal Year 2020 Financial Results

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Ambarella (AMBA) gains 11% on beat and raise

August 29, 2019 4:15 PM EDT

Ambarella (NASDAQ: AMBA) gains 11% on beat and raise

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Ambarella (AMBA) Tops Q2 EPS by 19c; Raises Outlook

August 29, 2019 4:06 PM EDT

Ambarella (NASDAQ: AMBA) reported Q2 EPS of $0.21, $0.19 better than the analyst estimate of $0.02. Revenue for the quarter came in at $56.4 million versus the consensus estimate of $52.03 million.

GUIDANCE:

Ambarella sees Q3 2020 revenue of $63-67 million, versus the consensus of $55.38... More