Ambarella Q4 Adj. Income Beats Estimate - Quick Facts

(RTTNews) - Ambarella, Inc. (AMBA) posted fourth-quarter net income of $5.5 million, or $0.18 per share, compared to $3.6 million, or $0.13 per share in the same period last year.

Adjusted earnings for the quarter were $8.2 million, or $0.26 per share, up from $5.0 million, or $0.18 per share in the prior year period. On average, five analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 26.8% to $39.974 million from $31.52 million last year, while five analysts expected revenues of $38.14 million.