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-0.00228266132618336 -0.0137289067929761 -0.0230341279278508 -0.0238575988247423 -0.0219636157618917 -0.037066072010883 -0.0632524465320347 -0.0600903182879711
Stock impact report

Ambarella (AMBA) Q4 Loss Narrower Than Expected, Stock Up [Yahoo! Finance]

Ambarella, Inc. - Ordinary Shares (AMBA) 
Last ambarella, inc. - ordinary shares earnings: 3/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ambarella.com/investor-relations
Company Research Source: Yahoo! Finance
Ambarella AMBA gained 13% during Tuesday's extended trading session as the company reported a narrower-than-expected loss for the fourth quarter of fiscal 2024. The company reported a non-GAAP loss of 24 cents per share for the quarter, narrower than the Zacks Consensus Estimate of a loss of 33 cents. However, the bottom line compared unfavorably with the year-ago quarter's non-GAAP earnings of 23 cents per share. The dismal year-over-year performance was mainly due to a decline in revenues. Fourth-quarter revenues plunged 38% year over year to $51.6 million, mainly due to weakness in its Internet of Things (IoT) end market. The top line missed the consensus mark of $51.7 million. Ambarella, Inc. Price, Consensus and EPS Surprise Ambarella, Inc. price-consensus-eps-surprise-chart | Ambarella, Inc. Quote Customer & Market Details Ambarella had two logistics and Original Design Manufacturers customers that contributed more than 10% in the reported quarter. WT Microelectroni Show less Read more
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