Ambarella (AMBA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Shares of Ambarella Inc. rose 9% in the extended session Tuesday after the maker of video and image processing semiconductors beat quarterly adjusted profit expectations and its sales were in line with forecasts. Ambarella said it lost $13 million, or 39 cents a share, in the fourth quarter, compared with a loss of $4.5 million, or 14 cents a share, in the year-ago period. Adjusted for one-time items, Ambarella earned $4.9 million, or 14 cents a share, compared with $4.5 million, or 14 cents a share, a year ago. Sales rose 12% to $57.2 million, compared with $51.1 million a year ago. Analysts polled by FactSet had expected Ambarella to report an adjusted profit of 11 cents a share on sales of $57.2 million. The company guided for revenue between $52 million and $57 million in the first quarter, which would be higher than the $50 million expected by Wall Street. Shares of Ambarella ended the regular trading day down 2.9%.
ASX vs. AMBA: Which Stock Is the Better Value Option?
On Tuesday, March 3, Ambarella (NASDAQ: AMBA) will release its latest earnings report. Check out Benzinga's preview to understand the implications.Earnings and Revenue Wall Street analysts see Ambarella reporting earnings of 11 cents per share on revenue of $57.18 million.View more earnings on AMBAIn the same quarter last year, Ambarella reported EPS of 14 cents on revenue of $51.07 million. If the company were to match the consensus estimate when it reports Tuesday, earnings would be down 21.43%. Sales would be up 11.96% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past: Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2019 EPS Estimate 0.200 0.020 -0.050 0.04 EPS Actual 0.320 0.210 0.010 0.14 Stock Performance Over the last 52-week period, shares are up 47.26%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Ambarella stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.Conference Call Don't be surprised to see the stock move on comments made during its conference call. Ambarella is scheduled to hold the call at 4:30 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/9hvrj5dgSee more from Benzinga * Target Q4 Earnings Preview * A Preview Of Kohl's Q4 Earnings * Q2 Earnings Preview For AutoZone(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
ASX vs. AMBA: Which Stock Is the Better Value Option?
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
The platform will leverage Ambarella's (AMBA) CV25 CVflow AI vision SoCs to enable liveness detection and 3D face recognition.
Futures turned higher as Joe Biden won several Super Tuesday states. An Amazon employee tested positive for the coronavirus. Here's a stock market correction survival guide.
SANTA CLARA, Calif., May 08, 2020 -- Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced it will hold its first quarter fiscal year 2021 earnings.
Q4 2020 Ambarella Inc Earnings Call
SANTA CLARA, Calif., Feb. 13, 2020 -- Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced the company will participate in three conferences in March,.
SANTA CLARA, Calif., Feb. 14, 2020 -- Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced it will hold its fourth quarter and fiscal year 2020.
Ambarella (AMBA) stock rallies nearly 8% during extended trading session on Mar 3 after the company reports better-than-expected Q4 numbers.
Ambarella (AMBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Anyone researching Ambarella, Inc. (NASDAQ:AMBA) might want to consider the historical volatility of the share price...
Ambarella (AMBA) delivered earnings and revenue surprises of 16.67% and 0.13%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?
Video-chip maker Ambarella on Tuesday beat Wall Street's earnings target on in-line sales for its fiscal fourth quarter. The Ambarella earnings news sent AMBA stock higher in late trading.
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]
SANTA CLARA, Calif., March 03, 2020 -- Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced financial results for its fourth quarter of fiscal year.