The Edge of Disappointment: Ambarella's Fiscal Q2 Report Raises Questions The tech world was abuzz last week when chipmaker Ambarella reported its fiscal second quarter earnings, narrowly beating analyst estimates and sending shares up in after hours trading.
However, a closer examination of the report reveals underlying concerns. Market Expectations vs. Reality Ambarella's $108.
1 million in sales for the quarter ended July 31 matched analysts' forecasts, and its adjusted earnings per share (EPS) of 18 cents even surpassed expectations by a small margin.