Ambarella, Inc. (NASDAQ: AMBA) Surpasses Earnings and Revenue Estimates
Ambarella reported an EPS of $0.27, beating the estimated $0.21 and marking a significant improvement from the previous year.The company's revenue for the quarter was $108.5 million, exceeding estimates and indicating a 31.2% year-over-year growth.Despite a GAAP net loss, Ambarella's financial position remains strong with a low debt-to-equity ratio and a high current ratio.Ambarella, Inc. (NASDAQ: AMBA) is a key player in the edge AI semiconductor industry. The company is known for its innovative solutions ...