Ambarella (AMBA) PT Raised to $229 at Morgan Stanley
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Ambarella (AMBA) Shares Gain 16% After Topping Q3 and Guidance Views, Analysts Positive on Auto Industry Sales Acceleration
December 1, 2021 7:47 AM ESTShares of Ambarella (NASDAQ: AMBA) are up nearly 17% in pre-open after the company reported better-than-expected Q3 results.
Ambarella reported Q3 EPS of $0.57 to top the analyst estimate of $0.49. Revenue for the quarter came in at $92.2 million versus the consensus estimate of $90.35 million.
For this quarter, revenues are seen between $88.5 million and $91.5 million, again higher than the consensus of $88.22 million.
Im pleased with our progress in Q3, with positive operating leverage driving non-GAAP operating margins into the 20% range. Our operational execution remains strong, yet supply... More
