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 AMBA - Ambarella

$44.39 [1.35][3.12%]

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Why Ambarella Stock Popped Today

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Ambarella Inc s AMBA fourth quarter fiscal 2019 earnings beat the Zacks Consensus Estimate while revenues missed the same Meanwhile on a year over year basis both the top and the bottom line results suffered a decline The company s non GAAP earnings came in at 14 cents per share

Ambarella Inc (AMBA) Q4 2019 Earnings Conference Call Transcript

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Earnings Reaction History: AMBARELLA INC, 70.0% Follow-Through Indicator, 11.4% Sensitive

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Ambarella NASDAQ AMBA investors have bid the stock up in the early months of 2019 Their optimism probably stems from the design win momentum of the company s computer vision chips launched more than a year ago as they are expected to play a critical role in turning around

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Video processor maker Ambarella NASDAQ AMBA was once a red hot stock thanks in large part to its position as a key chip supplier in GoPro NASDAQ GPRO action cameras Unfortunately for Ambarella GoPro s success was relatively short lived and on top of that GoPro

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