Ambarella (AMBA) Reports Q1 Loss, Tops Revenue Estimates

Ambarella (AMBA) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of$ 0.32. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this video-compression chipmaker would post a loss of$ 0.33 per share when it actually produced a loss of $0.24, delivering a surprise of 27.27%.Over the last four quarters, the compan ...