Following the release of company's second quarter financial results today evening at the end of the trading session, Ambarella, Inc. (NASDAQ:AMBA) is going through a degree of caution from the stock market regarding the outcome of the report, largely since they outplayed the analysts view
The enterprise closed the quarter with a Non-GAAP loss of $0.13 per share, in contrast with loss of $0.15 per share exhibited in the related quarter prior year.
Nevertheless, the revenues for the quarter summing into $63.72 million, advanced 2.58 percent relative to the corresponding quarter of preceding year.
The performance outplayed the street forecasted $0.19 loss per share considering the $62.1 million in revenues.
The concern has projected revenue target for Q3 2025 ranging from $70.00 to $81.00 million. In contrast analysts on Wall Street forecast from revenues of $69.00 million
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| Q3 2025 | REV | $70 M~$81 M | $69 M | 9.4% |
*Based on mid-point
Ambarella (AMBA) experienced a trading range of $50.61 to $53.36, along with a total volume of 2.07 million shares during the day. The stock concluded Tuesday's regular trading session at $52.79, reflecting an upturn of 3.21 percent.
