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Ambarella (AMBA) expands its partner base by signing a strategic cooperation agreement with Leapmotor for manufacturing energy vehicles with intelligent features.
Ambarella Inc. NASDAQ: AMBA is a semiconductor developer focused on creating system-on-a-chip (SoCs) optimized for computer vision applications. Ambarella is actively participating in the edge artificial intelligence (AI) revolution.
Leapmotor committed to creating an advanced intelligent driving solution based on Ambarella's CV3-AD family of automotive AI domain controller SoCs.
Ambarella (AMBA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The consensus price target hints at a 28.7% upside potential for Ambarella (AMBA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Ambarella's (AMBA) fiscal Q1 results reflect the benefits of the gradual recovery in cyclical inventory correction measures adopted by customers in the IoT end market and growth in its AI portfolio.
Ambarella is seeing signs of ‘AI inferencing at the network edge' which could lead to a revenue boost.
Ambarella, Inc. (NASDAQ:AMBA ) Q1 2025 Earnings Conference Call May 30, 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 Christopher Rolland - Susquehanna Joe Moore - Morgan Stanley Kevin Cassidy - Rosenblatt Securities Nick Doyle - Needham and Company Jeremy Kwan - Stifel David O 'Connor - BNP Paribas Richard Shannon - Craig Hallium Capital Kevin Garrigan - WestPark Capital Operator Thank you for standing by. Welcome to Ambarella's First Quarter Fiscal Year 2025 Earnings Call.
Ambarella (AMBA) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.15 per share a year ago.
SANTA CLARA, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its first quarter of fiscal year 2025 ended April 30, 2024.