Ambarella, Inc. Announces Second Quarter Fiscal Year 2024 Financial Results

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Ambarella (AMBA) Tops Q2 EPS by 6c; Guides Q3 Revenue Lower

August 29, 2023 4:08 PM EDT

Ambarella (NASDAQ: AMBA) reported Q2 EPS of ($0.15), $0.06 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $62.1 million versus the consensus estimate of $62.02 million.

GUIDANCE:

Ambarella sees Q3 2024 revenue of $50 million plus or minus 4%., versus the consensus of... More