Benzinga | Aug 31, 2021 04:06PM EDT

Ambarella Q2 Adj. EPS $0.35 Beats $0.25 Estimate, Sales $79.30M Beat $75.68M Estimate

Ambarella (NASDAQ:AMBA) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.25 by 40 percent. This is a 483.33 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $79.30 million which beat the analyst consensus estimate of $75.68 million by 4.78 percent. This is a 58.24 percent increase over sales of $50.11 million the same period last year.