Ambarella (AMBA) Tops Q3 EPS by 22c; Issues Light Q4 Revenue Outlook
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Buy Ambarella (AMBA) on Weakness - Canaccord Geunity
December 4, 2015 9:59 AM ESTAmbarella (NASDAQ: AMBA) reported strong October quarter results with revenue (+42% Y/Y), margins, and EPS above consensus but offered guidance that was below expectations. Numbers are now reset to fully reflect GoPro weakness and Canaccord Genity analyst, Matt Ramsay, suggests buying the weakness because the growth story is still intact.
Ambarella reported strong Oct Q results with revenue (+42% Y/Y),... More
Ambrella (AMBA) Numbers Cut at Needham & Company as Weak Wearable Sports Cameras Weigh
December 4, 2015 7:30 AM ESTNeedham & Company Hold Ambarella (NASDAQ: AMBA) following the company's 3Q earnings report. AMBA delivered much stronger than expected F3Q16 results, led by strength in IP security, automotive and flying cameras. Ambarella reported F3Q16 revenue of $93.2MM, up 41.9% Y/Y and slightly above the high-end of guidance of $90MM-$93MM.... More
