Ambarella Expected To Report Double-Digit Q4 Gains

By | March 2, 2015

Scalper1 News

Ambarella (AMBA) is expected to post double-digit growth in earnings and revenue when the video chipmaker reports Q4 results after the close Tuesday. Analysts polled by Thomson Reuters forecast an 88% increase in earnings per share excluding items, at 49 cents. Revenue is expected to jump 48% to $59.4 million. Santa Clara, Calif.-based Ambarella provides video processors to camera makers such as GoPro (GPRO), which makes wearable, high-definition Scalper1 News

Scalper1 News