Ambarella (AMBA) Tops Q2 EPS by 6c; Guides Q3 Revenue Lower

Ambarella (NASDAQ: AMBA) reported Q2 EPS of ($0.15), $0.06 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $62.1 million versus the consensus estimate of $62.02 million.

GUIDANCE:

Ambarella sees Q3 2024 revenue of $50 million plus or minus 4%., versus the consensus of $67.6 million.

For earnings history and earnings-related data on Ambarella (AMBA) click here.

You May Also Be Interested In

• AeroVironment restates quarterly financials, citing $89M goodwill error
• Assurant (AIZ) is Piper Sandler's Weekly Focus Idea
• AXT appoints Tracy Liu to its board of directors