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

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Ambarella (AMBA) gains on earnings beat, revenue growth not expected until fiscal 2025

December 1, 2023 9:39 AM EST

Ambarella (NASDAQ: AMBA) shares are trading higher in early Friday trading after the company's latest quarterly earnings beat consensus expectations.

The company reported a third-quarter loss of $0.28 per share, $0.11 better than the analyst estimate of a $0.39 loss per share. Revenue for the quarter came in at $50.6 million versus the consensus estimate of $50.01 million. Despite the beat, revenue declined by 39% compared... More

Ambarella (AMBA) Tops Q3 EPS by 11c

November 30, 2023 4:08 PM EST

Ambarella (NASDAQ: AMBA) reported Q3 EPS of ($0.28), $0.11 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $50.6 million versus the consensus estimate of $50.01 million.

GUIDANCE:

Ambarella sees Q4 2024 revenue of $50-53 million, versus the consensus of $50.35... More