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Earnings Summary: Ambarella Q3

Benzinga ·  Nov 27 05:15

The earnings results for Ambarella (NASDAQ:AMBA) for Q3 were made public on Tuesday, November 26, 2024 at 04:05 PM.

Here's a comprehensive overview of the announcement.

Earnings

Ambarella beat estimated earnings by 175.0%, reporting an EPS of $0.11 versus an estimate of $0.04.

Revenue was up $32.06 million from the same period last year.

Performance in Previous Earnings

In the previous quarter, the company beat on EPS by $0.06, resulting in a 11.0% increase change in the share price the following day.

Here's a look at Ambarella's past performance:

QuarterQ2 2025Q1 2025Q4 2024Q3 2024
EPS Estimate-0.19-0.31-0.33-0.39
EPS Actual-0.13-0.26-0.24-0.28
Revenue Estimate62.06M53.87M51.55M50.01M
Revenue Actual63.72M54.47M51.62M50.59M

To track all earnings releases for Ambarella visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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