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CORRECTION: Ambarella Q3 Adj $0.11 Beats $0.04 Estimate, Sales $82.65M Beat $79.03M Estimate

Benzinga ·  05:46

Ambarella (NASDAQ:AMBA) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.04 by 175 percent. This is a 139.29 percent increase over losses of $(0.28) per share from the same period last year. The company reported quarterly sales of $82.65 million which beat the analyst consensus estimate of $79.03 million by 4.58 percent. This is a 63.36 percent increase over sales of $50.59 million the same period last year.

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