Ambarella: Q1 Earnings Insights

Shares of Ambarella (NASDAQ:AMBA) rose in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 475.00% year over year to $0.23, which beat the estimate of $0.17.

Revenue of $70,133,000 up by 28.34% from the same period last year, which beat the estimate of $68,610,000.

Looking Ahead

Ambarella Sees Q2 Sales $74M-$77M vs $69.46M Est.

Details Of The Call

Date: Jun 01, 2021

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/sqpib9qe

Technicals

Company's 52-week high was at $137.21

Company's 52-week low was at $43.69

Price action over last quarter: down 7.35%

Company Overview

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