Ambarella Inc

NASDAQ:AMBA  
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+4.40 (+6.43%)
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Ambarella Inc Announces First Quarter Fiscal Year 2023 Financial Results

Published: 05/31/2022 20:16 GMT
Ambarella Inc (AMBA) - Ambarella, Inc. Announces First Quarter Fiscal Year 2023 Financial Results.
Revenue for Q1 of Fiscal 2023 Was $90.3 Million, Up 29% From $70.1 Million in Same Period in Fiscal 2022.
Q1 Loss per Share $0.29.
Non-GAAP Net Income for Q1 of Fiscal 2023 Was $17.1 Million, Or Earnings per Diluted Ordinary Share of $0.44.
Sees Q2 Revenue $78 Million to $82 Million.
During Q2 2023, Board Approved an Extension of Current Share Repurchase Program for an Additional Twelve Months Ending June 30, 2023.
Q1 Earnings per Share View $0.36, Revenue View $90.1 Million -- Refinitiv Ibes Data (analyst estimates).
Q2 Revenue View $91.5 Million -- Refinitiv Ibes Data (analyst estimates).