Ambarella (AMBA) June weekly volatility elevated into Q1 and outlook
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Canaccord Genuity Reiterates Buy on Ambarella (AMBA) Following 1Q
June 7, 2017 8:26 AM EDTCanaccord Genuity reiterated a Buy rating and $72.00 price target on Ambarella (NASDAQ: AMBA) following the company's 1Q earnings report. Revenue, and non-GAAP EPS were driven by strength in several end markets including both professional and home security, automotive, and wearable cameras, offset... More
Ambarella (AMBA) PT Lowered to $54 at Deutsche Bank Following 1Q
June 7, 2017 7:13 AM EDTDeutsche Bank lowered its price target on Ambarella (NASDAQ: AMBA) to $54.00 (from $55.00) while maintaining a Hold rating following the company's 1Q release.... More
UPDATE: Ambarella (AMBA) Tops Q1 EPS by 3c, Offers Q2 Guidance, Approves $50M Buyback
June 6, 2017 4:05 PM EDT(Updated - June 6, 2017 4:12 PM EDT)
Ambarella (NASDAQ: AMBA) reported Q1 EPS of $0.39, $0.03 better than the analyst estimate of $0.36. Revenue for the quarter came in at $64.1 million versus the consensus estimate of $63.48 million.
Based on information available as of today, Ambarella is offering the following guidance for the second quarter of fiscal year 2018, ending July 31, 2017:
Revenue is expected... More