Ambarella (NASDAQ:AMBA) reported Q4 EPS of $0.23, $0.09 better than the analyst estimate of $0.14. Revenue for the quarter came in at $83.3 million versus the consensus estimate of $82.99 million.
GUIDANCE:
Ambarella sees Q1 2024 revenue of $60-64 million, versus the consensus of $77.2 million.
- Gross margin on a non-GAAP basis is expected to be between 62.0% and 64.0%
- Non-GAAP operating expenses are expected to be between $47.0 million and $49.0 million