Ambarella (AMBA) Reports Q4 Loss, Misses Revenue Estimates

Ambarella (AMBA) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.27%. A quarter ago, it was expected that this video-compression chipmaker would post a loss of $0.39 per share when it actually produced a loss of $0.28, delivering a surprise of 28.21%.Over the last four quarters, the co ...