Ambarella Inc expected to post earnings of 2 cents a share - Earnings Preview

• Ambarella Inc AMBA is expected to show a rise in quarterly revenue when it reports results on May 29 for the period ending April 30 2025

• The Santa Clara California-based company is expected to report a 53.6% increase in revenue to $83.654 million from $54.47 million a year ago, according to the mean estimate from 11 analysts, based on LSEG data.The company's guidance on February 26 2025, for the period ended April 30, was for revenue between $81.00 million and $87.00 million.

• ​LSEG's mean analyst estimate for Ambarella Inc is for earnings 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," 7 "hold" and no "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 $80.00​, above​ its last closing price of $62.48. ​​​

The company's guidance on February 26 2025 for the period ended April 30 was for gross profit margin between USD61% and USD62.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated May 27 at 23:02 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)