Ambarella AMBA reported fourth-quarter earnings of 14 cents per share on Tuesday, which beat the analyst consensus estimate of 11 cents by 27.27%. This is unchanged from the same period last year.
The company reported quarterly sales of $57.2 million, which beat the analyst consensus estimate of $57.18 million. This is a 12.00% increase over sales of $51.07 million the same period last year.
The company sees first-quarter sales $52-$57 million versus the $49.5 million estimate.
Ambarella shares traded higher by 8.3% to $62.95 at time of publication. The stock has a 52-week high of $73.59 and a 52-week low of $36.68.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
