Ambarella Inc <AMBA.OQ> expected to post a loss of 2 cents a share - Earnings Preview
Ambarella Inc AMBA.OQ AMBA.O is expected to show a rise in quarterly revenue when it reports results on February 26 for the period ending January 31 2025
The Santa Clara California-based company is expected to report a 51.2% increase in revenue to $78.04 million from $51.62 million a year ago, according to the mean estimate from 11 analysts, based on LSEG data.The company's guidance on November 26 2024, for the period ended January 31, was for revenue between $76.00 million and $80.00 million.
LSEG's mean analyst estimate for Ambarella Inc is for a loss of 2 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ambarella Inc is $95.00, above its last closing price of $78.20.
The company's guidance on November 26 2024 for the period ended January 31 was for gross profit margin between USD61.5% and USD63%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Oct. 31 2024 | 0.04 | 0.03 | 0.11 | Beat | 215.8 |
Jul. 31 2024 | -0.19 | -0.19 | -0.13 | Beat | 32.3 |
Apr. 30 2024 | -0.31 | -0.31 | -0.26 | Beat | 16.8 |
Jan. 31 2024 | -0.33 | -0.33 | -0.24 | Beat | 26.7 |
Oct. 31 2023 | -0.39 | -0.39 | -0.28 | Beat | 28.3 |
Jul. 31 2023 | -0.22 | -0.21 | -0.15 | Beat | 29.1 |
Apr. 30 2023 | -0.21 | -0.21 | -0.15 | Beat | 27.4 |
Jan. 31 2023 | 0.15 | 0.14 | 0.23 | Beat | 60.3 |
This summary was machine generated February 24 at 21:33 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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