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Avi Kapoor

Ambarella Analysts Increase Their Forecasts After Upbeat Q2 Results

Crypto,Trader,Investor,Broker,Using,Smartphone,App,Analyzing,Financial,Data

Ambarella Inc (NASDAQ:AMBA) reported better-than-expected second-quarter results and issued strong third-quarter forecast on Thursday.

Ambarella reported quarterly earnings of 15 cents per share which beat the analyst consensus estimate of 5 cents per share. The company reported quarterly sales of $95.511 million which beat the analyst consensus estimate of $90.010 million.

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