Ambarella, Inc. Announces First Quarter Fiscal Year 2023 Financial Results
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Ambarella (AMBA) PT Lowered to $120 at Needham & Company
June 1, 2022 7:05 AM EDTNeedham & Company analyst N. Quinn Bolton lowered the price target on Ambarella (NASDAQ: AMBA) to $120.00 (from $175.00) while maintaining a Buy rating following earnings.
The analyst commented, "AMBA's F1Q23 results were in-line or better than guidance, but China lockdown headwinds and... More
Ambarella (AMBA) Tops Q1 EPS by 8c
May 31, 2022 4:07 PM EDTAmbarella (NASDAQ: AMBA) reported Q1 EPS of $0.44, $0.08 better than the analyst estimate of $0.36. Revenue for the quarter came in at $90.3 million versus the consensus estimate of $90.08 million.
GUIDANCE:
Ambarella sees Q2 2023 revenue of $78-82 million, versus the consensus of $91.5... More
