NEW YORK (TheStreet) -- Ambarella (AMBA) reported first-quarter fiscal 2016 earnings after the closing bell Tuesday. 

Earnings a share came in at $0.71, beating the $0.59 analysts polled by Thomson Reuters were seeking. The company earned $0.25 during the same quarter last year. As for sales, Ambarella reported revenue of $71 million, ahead of the consensus estimate of $67.4 million and significantly ahead of last year's $41 million.

More from Technology

Listen: Smart Technologies That Could Lure Millennials Back to Motorcycle Riding

Listen: Smart Technologies That Could Lure Millennials Back to Motorcycle Riding

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Tesla's $78,000 Model 3 Is a Bargain. Here's Why

Tesla's $78,000 Model 3 Is a Bargain. Here's Why

Tesla Model 3 Delivery Time Falls, but Will It Help the Stock?

Tesla Model 3 Delivery Time Falls, but Will It Help the Stock?

Baidu Stock Plummets After COO Qi Lu Resignation

Baidu Stock Plummets After COO Qi Lu Resignation