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Ambarella Swings to Fiscal Q4 Profit as Revenue Rises -- Shares Jump After Hours
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Ambarella Swings to Fiscal Q4 Profit as Revenue Rises -- Shares Jump After Hours
Feb 26, 2025 3:07 PM

05:38 PM EST, 02/26/2025 (MT Newswires) -- Ambarella ( AMBA ) reported fiscal Q4 non-GAAP diluted earnings late Wednesday of $0.11 per share, compared with a loss of $0.24 a year earlier.

Analysts polled by FactSet expected a loss of $0.02.

Revenue for the quarter ended Jan. 31 was $84 million, up from $51.6 million a year earlier.

Analysts surveyed by FactSet expected $78 million.

The company said it expects fiscal Q1 revenue of $81 million to $87 million. Analysts surveyed by FactSet expect $74.2 million.

Shares of the company jumped almost 11% in recent after-hours activity.

Price: 83.99, Change: +8.18, Percent Change: +10.79

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