Ambarella (AMBA) Tops Q4 EPS by 3c
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Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2020 Financial Results
March 3, 2020 4:05 PM ESTSANTA CLARA, Calif., March 03, 2020 (GLOBE NEWSWIRE) -- Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced financial results for its fourth quarter of fiscal year 2020 ending January 31, 2020.
Revenue for the fourth quarter of fiscal 2020 was $57.2 million, up 12% from $51.1 million in the same period in fiscal 2019. For the fiscal year ending January 31, 2020, revenue was $228.7 million, up 0.4% from $227.8 million for fiscal year ending January 31, 2019.Gross margin under U.S. generally accepted accounting principles (GAAP) for the fourth quarter of fiscal 2020 was 58.2%, compared with 60.0% for the same period in fiscal... More