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AMBA — Ambarella News Story

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Ambarella Inc reports results for the quarter ended July 31 - Earnings Summary

Ambarella Inc AMBA.OQ reported quarterly adjusted earnings of 15 cents​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of -13 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 4 cents to 9 cents per share.

Revenue rose 49.9% to $95.51 million from a year ago; analysts expected $90.01 million.

Ambarella Inc's reported EPS for the quarter was a loss of 47 cents​.

The company reported a quarterly loss of $20 million.

Ambarella Inc shares had risen by 8.9% this quarter and lost 1.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for Ambarella Inc is $80.00, about 11.7% above its last closing price of $70.63

This summary was machine generated from LSEG data August 29 at 12:01 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jul. 31 20250.050.15Beat
Apr. 30 20250.020.07Beat
Jan. 31 2025-0.020.11Beat
Oct. 31 20240.030.11Beat

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