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Bartosiak: Trading Ambarella's (AMBA) Earnings with Options

On Tuesday, June 6th, Ambarella (AMBA) will release its first quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.

In our video David will take a look at the current state of Ambarella, their past earnings announcements, and he'll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.

Ambarella in Focus

Ambarella, Inc. develops video compression and image processing semiconductors. The Company's products are used in digital still cameras, digital camcorders, and video-enabled mobile phones. Ambarella sells its solutions to original design manufacturers and original equipment manufacturers. Its technology is also used in television broadcasting infrastructure systems. Ambarella, Inc. is headquartered in Santa Clara, California.

Ambarella is expected to report earnings at $0.03 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.54, missing expectations by $0.03. Their average EPS surprise is 59.45%.

Ambarella, Inc. Price, Consensus and EPS Surprise

Ambarella, Inc. Price, Consensus and EPS Surprise | Ambarella, Inc. Quote

Bottom Line

How should investors play Ambarella ahead of their earnings report? For insights on the best options trades, then tune in 10:00am CST tomorrow to see David's thoughts.

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Ambarella, Inc. (AMBA): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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