— 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
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06