Ambarella, Inc. Announces First Quarter Fiscal Year 2021 Financial Results

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Go back to Ambarella, Inc. Announces First Quarter Fiscal Year 2021 Financial Results

Needham & Company Reiterates Underperform Rating on Ambarella (AMBA)

June 3, 2020 8:58 AM EDT

Needham & Company analyst Quinn Bolton reiterated an Underperform rating on Ambarella (NASDAQ: AMBA) following the company's 1Q earnings report. Ambarella's F1Q21 revenue was slightly above the midpoint of guidance and EPS beat estimates by $0.02. However, F2Q21 revenue guidance was below the... More

Ambarella (AMBA) Tops Q1 EPS by 5c, Offers Q2 Guidance

June 2, 2020 4:11 PM EDT

Ambarella (NASDAQ: AMBA) reported Q1 EPS of $0.04, $0.05 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $54.6 million versus the consensus estimate of $54.32 million.

GUIDANCE:

Ambarella sees Q2 2021 revenue of $50 million at mid-point, versus the consensus of... More