Benzinga | Nov 30, 2021 06:16PM EST

Recap: Ambarella Q3 Earnings

Ambarella (NASDAQ:AMBA) reported its Q3 earnings results on Tuesday, November 30, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Ambarella beat estimated earnings by 16.33%, reporting an EPS of $0.57 versus an estimate of $0.49, which surprised analysts.

Revenue was up $36,077,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1, which was followed by a 27.41% increase in the share price the next day.

Here's a look at Ambarella's past performance:



Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate 0.25 0.17 0.08 0.05EPS Actual 0.35 0.23 0.14 0.09Revenue Estimate 75.68M 68.61M 58.14M 55.04MRevenue Actual 79.33M 70.13M 62.14M 56.09M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.