Benzinga | Nov 23, 2020 04:06PM EST

Ambarella Q3 EPS $0.09 Beats $0.05 Estimate, Sales $56.10M Beat $55.04M Estimate

Ambarella (NASDAQ:AMBA) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.05 by 80 percent. This is a 71.88 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $56.10 million which beat the analyst consensus estimate of $55.04 million by 1.93 percent. This is a 17.41 percent decrease over sales of $67.92 million the same period last year.