Ambarella (AMBA) Tops Q3 EPS by 4c

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Go back to Ambarella (AMBA) Tops Q3 EPS by 4c

Ambarella, Inc. Announces Third Quarter Fiscal Year 2023 Financial Results

December 1, 2022 4:05 PM EST

SANTA CLARA, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI vision silicon company, today announced financial results for its third quarter of fiscal year 2023 ended October 31, 2022.

Revenue for the third quarter of fiscal 2023 was $83.1 million, down 10% from $92.2 million in the same period in fiscal 2022. For the nine months ended October 31, 2022, revenue was $254.3 million, up 5% from $241.6 million for the nine months ended October 31, 2021.Gross margin under U.S. generally accepted accounting principles (GAAP) for the third quarter... More