Ambarella Q1 Adj. EPS $0.11 Beats $0.10 Estimate, Sales $100.357M Beat $100.139M Estimate
Ambarella (NASDAQ:AMBA) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.10 by 10 percent. This is a 57.14 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $100.357 million which beat the analyst consensus estimate of $100.139 million by 0.22 percent. This is a 16.87 percent increase over sales of $85.872 million the same period last year.
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