Despite concerns over Chinese trade issues, investors were optimistic heading into Ambarella's (NASDAQ: AMBA) third-quarter earnings results. The tech company, which develops video processing chips found in security cameras and autonomous-driving systems, has been marching back toward sales growth following its pivot away from consumer-focused products. Shareholders are even more excited about the potential for Ambarella's new computer vision systems.
Last week, the company announced results that supported that positive growth narrative even as short-term losses continued. Let's take a closer look.
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