Ambarella (AMBA) Tops Q1 EPS by 5c, Offers Q2 Guidance

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Go back to Ambarella (AMBA) Tops Q1 EPS by 5c, Offers Q2 Guidance

Needham & Company Reiterates Underperform Rating on Ambarella (AMBA)

June 3, 2020 8:58 AM EDT

Needham & Company analyst Quinn Bolton reiterated an Underperform rating on Ambarella (NASDAQ: AMBA) following the company's 1Q earnings report. Ambarella's F1Q21 revenue was slightly above the midpoint of guidance and EPS beat estimates by $0.02. However, F2Q21 revenue guidance was below the... More