Ambarella Inc (NASDAQ:AMBA) stock is gapping to 52-week highs, up 15.4% at $78.96 at last glance, after the semiconductor name's better-than-expected third-quarter results and current-quarter revenue forecast. CEO Fermi Wang attributed the success to strong sales from its Edge AI product, which he said represents roughly 70% of the company's total top line. Plus, a flood of analysts lifted their price targets on AMBA after the event. Should this positive price action hold, Ambarella stock will notch its bes ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Ambarella, Inc. (NASDAQ:AMBA) Q3 2025 Earnings Conference Call November 26, 2024 4:30 PM ET Company Participants Louis Gerhardy - Vice President of Corporate Development Fermi Wang - Chief Executive Officer John Young - Chief Financial Officer Conference Call Participants Ross Seymore - Deutsche Bank Tore Svanberg - Stifel Quinn Bolton - Needham & Company Christopher Rolland - Susquehanna Kevin Cassidy - Rosenblatt Securities David O'Connor - BNP Paribas Exane Suji Desilva - ROTH Capital Martin Yang - Oppen ...

Tuesday, November 26, 2024Markets needed to fight off some early morning doldrums, closing in the green for three of the four major indexes today. The Dow and the S&P 500 both registered new all-time closes today, +0.28% and +0.57%, respectively. The Nasdaq grew by +0.63% while the small-cap Russell 2000 slid -0.73% on the session.We saw Case-Shiller home prices come down unexpectedly for September to +4.6% in the 20-city survey. New York City reported the highest home price change for the month at +7.5%, f ...

Ambarella (AMBA) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to loss of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 175%. A quarter ago, it was expected that this video-compression chipmaker would post a loss of $0.19 per share when it actually produced a loss of $0.13, delivering a surprise of 31.58%.Over the last four quarters, the comp ...

Exhibit 99.1 Ambarella, Inc. Announces Third Quarter Fiscal Year 2025 Financial Results November 26, 2024 —Santa Clara, Calif. – Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its third quarter of fiscal year 2025 ended October 31, 2024. • Revenue for the third quarter of fiscal 2025 was $82.7 million, up 63% from $50.6 million in the same period in fiscal 2024. For the nine months ended October 31, 2024, revenue was $200.9 million, up 15% from $174.9 ...

SANTA CLARA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc.  (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its third quarter of fiscal year 2025 ended October 31, 2024. Revenue for the third quarter of fiscal 2025 was $82.7 million, up 63% from $50.6 million in the same period in fiscal 2024. For the nine months ended October 31, 2024, revenue was $200.9 million, up 15% from $174.9 million for the nine months ended October 31, 2023.Gross margin under U.S. ...

SANTA CLARA, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its third quarter fiscal year 2025 earnings conference call on Tuesday, November 26, 2024 at 1:30 p.m. (Pacific Time). The company will issue its earnings release after the market closes that same day. Those interested in asking a question on the call are required to register online in advance.  Once registered, the dial-in numbers will be provided with a pers ...

SANTA CLARA, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its third quarter fiscal year 2025 earnings conference call on Tuesday, November 26, 2024 at 1:30 p.m. (Pacific Time). The company will issue its earnings release after the market closes that same day. Those interested in asking a question on the call are required to register online in advance. Once registered, the dial-in numbers will be provided with a perso ...

Shares of Ambarella Inc (AMBA, Financial) surged 4.22% in mid-day trading on Oct 2. The stock reached an intraday high of $56.57, before settling at $56.51, up from its previous close of $54.22. This places AMBA 14.22% below its 52-week high of $65.88 and 42.38% above its 52-week low of $39.69. Trading volume was 139,171 shares, 19.5% of the average daily volume of 713,491.Wall Street Analysts ForecastBased on the one-year price targets offered by 10 analysts, the average target price for Ambarella Inc (AMB ...