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2023-05-31 11:37:17 ET Summary Ambarella, Inc.'s Q2 guidance was lower than expected, leading to an initial selloff of the stock. The main concern is the timing and extent of the inventory correction in the market. The company's revenue growth rates have been negative, raising...
2023-05-31 09:21:08 ET The stock market has been on a roll lately, but it appeared Wednesday morning that investors would have to deal with at least a brief pause in the uptrend. Futures contracts on major market benchmarks were all down roughly half a percent in premarket trading, as marke...
2023-05-31 08:32:12 ET Belite Bio ( BLTE ) -37% commences public offering of American Depositary Shares of $30M. Advance Auto Parts ( AAP ) -27% after Q1 earning release . Ambarella ( AMBA ) -20% after Q1 earning release . FG Financial Group (FG...
2023-05-31 07:45:45 ET Ambarella ( NASDAQ: AMBA ) stock fell ~19% premarket on Wednesday after Q2 revenue outlook was seen below estimates, and separately, the shares were downgraded to Sector Weight (SW) by KeyBanc Capital Markets. KeyBanc analysts said that despite th...
2023-05-30 23:00:17 ET Image source: The Motley Fool. Ambarella (NASDAQ: AMBA) Q1 2024 Earnings Call May 30, 2023 , 4:30 p.m. ET Operator Continue reading For further details see: Ambarella (AMBA) Q1 2024 Earnings Call Transcript
2023-05-30 20:23:04 ET Ambarella, Inc. (AMBA) Q1 2024 Earnings Conference Call May 30, 2023, 04:30 PM ET Company Participants Louis Gerhardy - Vice President, Corporate Development Fermi Wang - Chief Executive Officer Brian White - Chief Financial Officer C...
2023-05-30 16:10:54 ET Ambarella press release ( NASDAQ: AMBA ): Q1 Non-GAAP EPS of -$0.15 beats by $0.06 . Revenue of $62.14M (-31.2% Y/Y) beats by $0.13M . Gross margin on a non-GAAP basis for the first quarter of fiscal 2024 was 63.1%, compared with 63.8% fo...
SANTA CLARA, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its first quarter of fiscal year 2024 ended April 30, 2023. Revenue for the first quarter of fiscal 2024 was $62.1 million, down 31...
2023-05-26 15:00:30 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...
SANTA CLARA, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its first quarter fiscal year 2024 earnings conference call on Tuesday, May 30 th at 1:30 p.m. (Pacific Time). The company will issue its ea...
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2024-07-09 16:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
HANGZHOU, China and SANTA CLARA, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- Leapmotor (HKEX: 09863), a technology-driven intelligent electric vehicle company with a full suite of R&D capabilities, and Ambarella , Inc. (NASDAQ: AMBA), an edge AI semiconductor company, recently signed a ...