Ambarella (AMBA) volatility elevated into Q3 and outlook
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Oppenheimer Remains Sidelined on Ambarella (AMBA) Following 3Q
December 2, 2016 10:07 AM ESTOppenheimer reiterated a Perform rating on Ambarella (NASDAQ: AMBA) following the company's 3Q earnings report. Revenues were up 54% Q/Q and 8% Y/Y due to a strong recovery of wearable revenues. wearable sales recovered in F3Q due to GoPro's releases into holiday season. On November 30, GoPro reported 35% Y/Y... More
