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Market Impact: 0.3

Ambarella (AMBA) Q2 Earnings and Revenues Surpass Estimates

Source: zacks.com

Corporate EarningsAnalyst EstimatesCompany Fundamentals
Ambarella (AMBA) Q2 Earnings and Revenues Surpass Estimates

Ambarella reported quarterly EPS of $0.18, beating the Zacks Consensus Estimate of $0.16 by $0.02 (+12.5%). EPS also improved from $0.15 a year ago (+20%). Overall, the earnings beat suggests a modest positive read-through for the stock.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

AMBA0.45

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