Soft Wearables Segment Pressures Ambarella (AMBA) Results; China IP Remains on Watch - Chardan Capital
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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
Piper Trims Q4 Ests on GoPro (GPRO) Following Ambarella's (AMBA) Q3 Report, Outlook
December 4, 2015 7:39 AM ESTPiper Jaffray is adjusting estimates on GoPro (Nasdaq: GPRO) following quarterly results from Ambarella (Nasdaq: AMBA) on Thursday night.
Analst Erinn Murphy commented: "We are lowering our Q4 sales estimate on GPRO following Ambarella's Q3 earnings results, in which... 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
Near-Term Weakness in Sports Cameras Hits Ambarella (AMBA), But Overall Growth Outlook Positive - Needham & Company
December 4, 2015 7:30 AM ESTNeedham & Company affirms Ambarella, Inc. (Nasdaq: AMBA) with a Hold rating following Q3 results and outlook.
Analyst N. Quinn Bolton commented: AMBA reported stronger than expected F3Q16 results led by strength in IP security, automotive and flying cameras. However, softer than... More
