Ambarella Stock Gains as Q1 Earnings Beat Estimates, Sales Rise Y/Y
Ambarella, Inc.'s (AMBA) shares rose 1.61% during Thursday’s extended trading session following the company’s stronger-than-expected first-quarter fiscal 2026 results. It reported first-quarter non-GAAP earnings of 7 cents per share, which surpassed the Zacks Consensus Estimate of 4 cents. The bottom line also experienced a robust improvement from the year-ago quarter’s loss of 26 cents per share.Ambarella’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average su ...