Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results
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Chardan Capital Markets Cuts Price target on Ambarella (AMBA) to $50 as Growth Continues to Slow
March 7, 2016 6:44 AM ESTChardan Capital Markets maintained a Neutral rating on Ambarella (NASDAQ: AMBA), and cut the price target to $50.00 (from $90.00), as growth continues to slow. Chardan believes that there is a medium to high probability that management will be forced to lower its FY2017... More
Dougherty & Co Downgrades Ambarella (AMBA) to Neutral
March 4, 2016 7:15 AM ESTDougherty & Co downgraded Ambarella (NASDAQ: AMBA) from Buy to Neutral.
Analyst Charles Anderson commented, "We're no fan of flipping ratings one month after making a change, but we feel it is prudent to go back to a Neutral rating on... More
GoPro (GPRO) Trades Lower in Sympathy with Ambarella (AMBA) Following Light Guidance
March 3, 2016 4:35 PM ESTGoPro (NASDAQ: GPRO) shares are trading lower in sympathy with Ambarella (Nasdaq: AMBA) after Ambarella reported strong Q4 results, but offered light guidance Thursday night.
After markets closed, Ambarella... More
Ambarella (AMBA) Tops Q4 EPS Views; Guides Q1 Revenue Below Expectations
March 3, 2016 4:07 PM ESTAmbarella (NASDAQ: AMBA) reported Q4 EPS of $0.64, $0.16 better than the analyst estimate of $0.48. Revenue for the quarter came in at $68 million versus the consensus estimate of $65.83 million.
GUIDANCE:
Ambarella sees Q1 2017 revenue of $55 - $57 million, versus the consensus of $62.4... More
