Scalper1 News
Several analysts on Friday boosted the target price for specialty chipmaker Ambarella, and the stock touched a new high after the company late Thursday gave Q3 guidance that exceeded Wall Street expectations. Ambarella (AMBA) CFO George Laplante said in a conference call with analysts Thursday that the company expects Q3 non-GAAP earnings per share of 49 cents to 56 cents and revenue of $60 million to $64 million. Analysts polled by Thomson Scalper1 News
Scalper1 News