Ambarella Delivers a Beat as Computer Vision Moves Forward

Ambarella Inc. (NASDAQ: AMBA) released fiscal third-quarter 2018 results on Wednesday after the market closed, comfortably beating expectations on the bottom line and delivering as promised on revenue. But perhaps most important, the company continues to make progress on its long-term strategy for becoming a leader in the computer-vision space.

Let's take a closer look at how the video-processing chip specialist kicked off the second half of its fiscal year, and what to expect in quarters ahead.

Image source: Ambarella.

Source: Fool.com