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Ambarella Q3 2023 Earnings Report

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$70.93 +2.29 (+3.34%)
(As of 12/20/2024 05:51 PM ET)

Ambarella EPS Results

Actual EPS
-$0.15
Consensus EPS
-$0.21
Beat/Miss
Beat by +$0.06
One Year Ago EPS
-$0.51

Ambarella Revenue Results

Actual Revenue
$62.10 million
Expected Revenue
$62.02 million
Beat/Miss
Beat by +$80.00 thousand
YoY Revenue Growth
-23.20%

Ambarella Announcement Details

Quarter
Q3 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Ambarella Earnings Headlines

Ambarella CTO Leslie Kohn sells shares worth $132,495
WARNING: “Buffett Indicator” flashing for first time in 50 years
Warren Buffett has sold a staggering $97 billion worth of stocks this year... But why? Our research indicates the Oracle of Omaha is quietly preparing for a historic market crash. His most reliable crash indicator - the "Buffett indicator" - just flashed red for the first time in 25 years.
Ambarella COO Lee Chan sells $112,210 in company shares
Ambarella upgraded to Neutral from Underperform at BofA
BofA upgrades Ambarella to ‘neutral’
See More Ambarella Headlines
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About Ambarella

Ambarella (NASDAQ:AMBA) develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. Its solutions are used in automotive cameras, such as automotive video recorders, electronic mirrors, front advanced driver assistance system camera, cabin monitoring system and driver monitoring system camera, and central domain controllers for autonomous vehicle; enterprise and public class, and home security camera; and robotics and industrial application, including identification/authentication cameras, robotic products, and sensing cameras, as well as cameras for the enterprise, home, public spaces, and consumer leisure comprising wearable body cameras, sports action cameras, social media cameras, drones for capturing aerial video or photographs, video conferencing, and virtual reality applications. The company sells its solutions to original design manufacturers and original equipment manufacturers through its direct sales force and distributors. Ambarella, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

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