Ambarella (AMBA) September volatility elevated into Q2 and outlook
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Oppenheimer Reiterated Perform on Ambarella (AMBA) Following 2Q
September 2, 2016 9:47 AM EDTOppenheimer reiterated a Perform rating on Ambarella (NASDAQ: AMBA), following the company's 2Q earnings report. AMBA reported revenues and EPS of $65.1M and $0.54. Results came in ahead of the Street's $64.3M and $0.38.
Analyst Andrew Uerkwitz commented, "AMBA reported better-than-expected F2Q17 results, with... More
