Thursday, June 8, 2017

Ambarella Inc. (AMBA) Pulled Back On Disappointing Guidance

Ambarella Inc. (AMBA) reported first quarter non-GAAP EPS of $0.39 after the bell Tuesday, compared to $0.34 a year ago. The consensus estimate was for EPS of $0.36. The company expects to report second quarter revenues of $69 million to $72 million. Street expectations are for revenues of $72.35 million.

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