Ambarella Stock News

Customer inventory reduction actions and softening end-market demand negatively impact Ambarella's (AMBA) second-quarter fiscal 2024 performance.

Shares of chipmaker Ambarella (NASDAQ: AMBA ) stock fell nearly 20% after it reported a down quarter and cut its sales outlook. The company, which makes artificial intelligence (AI) vision processors,

Several analysts lower their price targets on Ambarella, but maintain their bullish stance.

Shares in Fabless chipmaker Ambarella Inc. were down more than 21% in pre-market Wednesday trades following a disappointing post-bell earnings call on Tuesday.

Tuesday's pop for stocks after some grim job opening data helped the S&P 500 and other indexes trim August losses, though landing in the green for the month still looks like a long shot. Futures sugge

Ambarella, Inc. (NASDAQ:AMBA ) Q2 2024 Earnings Conference Call August 29, 2023 4:30 PM ET Company Participants Louis Gerhardy - VP, Corporate Development Fermi Wang - CEO Brian White - CFO Conference

Ambarella (AMBA) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.20 per share a year ago.

Ambarella Inc. AMBA, +4.48% shares dropped in the extended session Tuesday after the video chip maker's forecast fell well short of Wall Street expectations. Ambarella shares fell as much as 15% after

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SANTA CLARA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its second quarter fiscal year 2024 earnings confe

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Ambarella (AMBA) reported earnings 30 days ago. What's next for the stock?

A cyclical downturn is still hurting Ambarella's sales and earnings. Investors should watch the stock for signs of more stable profitability.

Ambarella reported a steep revenue decline as demand for its AI vision chips slumped. The company's customers have too much inventory, and little progress is being made knocking those levels down.