AMBA Stock Hits 52-Week High on Robust Earnings and Guidance
AMBA stock is one of the notable winners in Friday’s session after Ambarella Inc (NASDAQ:AMBA) reported Q2 profit and sales that exceeded analyst expectations. The company also provided Q3 revenue guidance above Wall Street projections. ... [Read]
AMBA Stock Skyrockets: Investors Cheer a Surprise Profit
Ambarella Inc (NASDAQ:AMBA) has released its Q1 2019 results in which the company reported profits that beat Wall Street consensus estimates, and as a result, AMBA stock gained 8% on Wednesday. Despite the macroeconomic risks ... [Read]
AMBA Stock: Ambarella Recovers 30% This Year On Value Buying
AMBA stock in the last year plunged 40% following concerns about competition from other chipmakers, declining sales growth, as well as contracting margins. However, Ambarella Inc.’s (NASDAQ:AMBA) stock has recovered this year, gaining close to ... [Read]