Ambarella Q1 EPS Growth Seen Strong As GoPro Soars

By | May 30, 2015

Scalper1 News

Ambarella (AMBA) is expected to see strong growth in earnings and revenue when it reports Q1 financial results after the market close Tuesday. Analysts polled by Thomson Reuters have forecast earnings per share excluding items of 58 cents, up 132% from the year-earlier quarter. Revenue is expected to jump 64%, to $66.9 million. Santa Clara, Calif.-based Ambarella supplies high-definition video-capturing and processing chips to action-camera maker Scalper1 News

Scalper1 News