Recap: Ambarella Q3 Earnings - Ambarella (NASDAQ:AMBA)

Ambarella AMBA reported its Q3 earnings results on Tuesday, November 30, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Ambarella beat estimated earnings by 16.33%, reporting an EPS of $0.57 versus an estimate of $0.49, which surprised analysts.

Revenue was up $36,077,000 from the same period last year.

Last quarter the company beat on EPS by $0.1, which was followed by a 27.41% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.25	0.17	0.08	0.05
EPS Actual	0.35	0.23	0.14	0.09
Revenue Estimate	75.68M	68.61M	58.14M	55.04M
Revenue Actual	79.33M	70.13M	62.14M	56.09M

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