AMBARELLA (AMBA)
EARNINGS RELEASE - SEPTEMBER 2 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.02/share REV: 50.03/M
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NEXT QTR: EPS: .04/share REV: 55.16/M
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FULL YR: EPS: .06/share REV: 212.88/M
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LAST QTR: EPS: -.01/share ACTUAL: .04/share (BEAT)
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BEAT/MISS RECORD: 88% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -14.03, 7.39, -7.9
EXPECTED JUMP MOVE THIS QUARTER: 10%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
Terrific growth in revenue and earnings at Ambarella (NASDAQ: AMBA) and Fortinet (NASDAQ: FTNT) has translated into outstanding stock market gains. What’s more, both companies are growing at a faster pace than the markets they operate in, which makes them ideal bets to tap into the booming demand for internet-enabled cameras and the increasing need for cybersecurity solutions. Let’s look at reasons Ambarella and Fortinet could sustain their impressive stock market momentum and keep delivering eye-popping upside to investors.
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
Ambarella is the IBD Stock Of The Day as the chipmaker racks up design wins from automotive and transportation companies.
With autonomous driving a focus of car makers, investing in developers of related products can make sense. Here are two such chipmakers.
The S&P 500 has gotten more volatile in September due to several factors, including trouble in China involving the country’s second-largest real estate developer, a jump in novel coronavirus cases due to the Delta variant, and the stock market’s history of underperforming in September. Ambarella (NASDAQ: AMBA) and Match Group (NASDAQ: MTCH) are two such stocks that have shot up this month. Ambarella released terrific results on Aug. 31 for the second quarter of fiscal 2022 that blew past Wall Street’s expectations, and that seems to have supercharged the stock in September.
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Avg Daily Volume: 493,574 Market Cap: 1.69B
Sector: Technology Short Interest: None
Ticker delayed 20 minutes
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by Team Stockjumpers