GoPro Action Cameras To Boost Ambarella Q3 Earnings

By | December 2, 2014

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Ambarella (AMBA) late Thursday is expected to report double-digit earnings and revenue gains for its fiscal Q3 as its processing chips enable increasingly popular wearable action cameras, drones and other devices. Analysts polled by Thomson Reuters expect the Santa Clara, Calif.-based company, which provides chips to GoPro (GPRO) and other gadget companies, to report Q3 per-share earnings excluding items of 54 cents, a 46% increase from the Scalper1 News

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