Ambarella, Inc. Announces Third Quarter Fiscal Year 2019 Financial Results

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Ambarella (AMBA) PT Raised to $40 at Roth Capital Following 3Q

November 30, 2018 9:29 AM EST

Roth Capital analyst Suji Desilva raised the price target on Ambarella (NASDAQ: AMBA) to $40.00 (from $35.00) while maintaining a Neutral rating following the company's 3Q earnings report. AMBA reported revenue in-line with consensus and EPS well above consensus reflecting better than expected cost... More

Ambarella (AMBA) Tops Q3 EPS by 12c, Q4 Revenue Guidance Misses

November 29, 2018 4:09 PM EST

Ambarella (NASDAQ: AMBA) reported Q3 EPS of $0.21, $0.12 better than the analyst estimate of $0.09. Revenue for the quarter came in at $57.3 million versus the consensus estimate of $57.1 million.

GUIDANCE:

Ambarella sees Q4 2019 revenue of $51 million, versus the consensus of $55.6... More