Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2017 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Ambarella (AMBA) PT Lowered to $65 at Stifel
March 1, 2017 8:44 AM ESTStifel lowered its price target on Ambarella (NASDAQ: AMBA) to $65.00 (from $82.00) while maintaining a Buy rating. 4Q revenue of $87.5mn was down 12.9% q/q and up 28.7% y/y, above the Street's $86.0mn.
Analyst Kevin Cassidy commented, "While we've been... More
Oppenheimer Reiterates Perform on Ambarella (AMBA)
March 1, 2017 8:27 AM ESTOppenheimer reiterated a Perform rating on Ambarella (NASDAQ: AMBA) following the company's 4Q earnings report. Revenue was up 29% Y/Y and down 13% Q/Q due to strong Y/Y growth from GoPro.
Analyst Andrew Uerkwitz commented, "Ambarella slightly bear on January quarter... More
Ambarella (AMBA) Tops Q4 EPS by 18c; Guides Q1 Revs Below Views
February 28, 2017 4:09 PM ESTAmbarella (NASDAQ: AMBA) reported Q4 EPS of $0.92, $0.18 better than the analyst estimate of $0.74. Revenue for the quarter came in at $87.5 million versus the consensus estimate of $86.07 million.
GUIDANCE:
Ambarella sees Q1 2018 revenue of $62.5-64.5 million, versus the... More