Categories Earnings, Technology

Ambarella (NASDAQ: AMBA): Q3 2020 Earnings Snapshot

— Ambarella Inc. (NASDAQ: AMBA) reported adjusted earnings of $0.32 per share for the third quarter of 2020, vs. $0.20 per share expected.

— On an unadjusted basis, it was a net loss of $4.3 million or $0.13 per share, compared to a loss of $9 million or $0.29 per share in the same period of last year

— Revenues for the three-month period increased to $67.9 million from $57.3 million last year, vs. $65.03 million expected

— Expects revenues between $55 million and $59 million for the fourth quarter; sees Q4 gross margin between 56.5% and 58.5%

— Operating expenses, adjusted for special items, are expected to between $29.5 million and $31.5 million in the fourth quarter

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Key takeaways from General Mills’ Q3 2023 earnings report

Shares of General Mills Inc. (NYSE: GIS) were up nearly 3% on Thursday after the company delivered better-than-expected results for the third quarter of 2023 and raised its full-year guidance

FIVE Stock: Five Below is likely to continue the good show this year

For Five Below Inc. (NASDAQ: FIVE), the holiday season was more rewarding than expected as the high inflation and stressed personal finances made customers seek value. Earlier, the discount store

Earnings: Chewy (CHWY) swings to profit in Q4 on higher revenues

Chewy Inc. (NYSE: CHWY) has reported higher sales for the fourth quarter of 2022. Reflecting the strong top-line growth, the pet food company turned to profit from a loss last

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top