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Ambarella, pointing to new opportunities for the wearable, security and other high-definition cameras that use its chips, late Thursday posted fiscal Q2 earnings that easily topped Wall Street expectations. Ambarella (AMBA) reported earnings per share excluding items of 37 cents for the three months ending July 31, up 42% from the year-earlier quarter, on $47 million in revenue, up 24.6%. Analysts polled by Thomson Reuters had been modeling 28 Scalper1 News
Scalper1 News