Ambarella (AMBA) options expected to be active after guidance
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Oppenheimer Reiterated Perform on Ambarella (AMBA) Following 2Q
September 2, 2016 9:47 AM EDTOppenheimer reiterated a Perform rating on Ambarella (NASDAQ: AMBA), following the company's 2Q earnings report. AMBA reported revenues and EPS of $65.1M and $0.54. Results came in ahead of the Street's $64.3M and $0.38.
Analyst Andrew Uerkwitz commented, "AMBA reported better-than-expected F2Q17 results, with... More
Needham & Company Still Sees Risk for Ambarella (AMBA) on Holiday Sell-Though; Affirms at 'Hold'
September 2, 2016 6:51 AM EDTNeedham & Company affirms Ambarella (Nasdaq: AMBA) with a Hold rating following Q2 results and outlook issued Thursday night.
The firm commented today, Ambarella reported F2Q17 results that exceeded expectations, with continued strength in drones and home security cameras offsetting expected weakness in wearable... More
