Ambarella Swings to Fiscal Q4 Profit as Revenue Rises -- Shares Jump After Hours

MT Newswires Live

Feb 27

Ambarella (AMBA) reported fiscal Q4 non-GAAP diluted earnings late Wednesday of $0.11 per share, compared with a loss of $0.24 a year earlier.

Analysts polled by FactSet expected a loss of $0.02.

Revenue for the quarter ended Jan. 31 was $84 million, up from $51.6 million a year earlier.

Analysts surveyed by FactSet expected $78 million.

The company said it expects fiscal Q1 revenue of $81 million to $87 million. Analysts surveyed by FactSet expect $74.2 million.

Shares of the company jumped almost 11% in recent after-hours activity.

Price: 83.99, Change: +8.18, Percent Change: +10.79

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Analysts surveyed by FactSet expect $74.2 million.</p><p>Shares of the company jumped almost 11% in recent after-hours activity.</p><p>Price: 83.99, Change: +8.18, Percent Change: +10.79</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMBA","symbol_name":"安霸","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514535899","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514535899","pubTimestamp":1740609516,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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