Growth Story Still Intact ForAmbarella Inc. (AMBA)

AmbarellaInc (AMBA) reported positive earnings for the fourth quarter. Due to the resumed work on halted projects after COVID-19, revenue has increased, and sales are expected to rise. Over the past quarter, Ambarella’s income stayed virtually unchanged at $0.14 per share, despite sales growing 9 % to $ 62.1 million. The results exceeded Wall Street’s […]