Overlooked Stock: AMBA Shares Soar After Earnings
Schwab Network · Schwab Network
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Show Notes
Shares of Ambarella (AMBA) skied higher after a 2Q earnings beat. George Tsilis peels back the layers behind the fabless semiconductor manufacturer's latest figures to find out why, which includes some Wall Street speculation that it could be a takeout target for larger semiconductor companies. George does say that recent earnings are trending higher with significant improvement on an adjusted earnings standpoint.
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