It has been a volatile return ride for investors in Ambarella (NASDAQ: AMBA) so far this year, but the general trend has been positive. Shares are up over 60% in 2019 compared with a 24% increase in the broader market.
Most of those gains came following the video tech specialist's second-quarter earnings report that, while showing little progress toward profitability, demonstrated that Ambarella is gaining a foothold in some promising emerging fields like artificial intelligence.
The company will have an opportunity to build on that momentum when it announces third-quarter results on Monday, Nov. 25, but the bar has been set high for a solid report from CEO Fermi Wang and his team. Let's take a look.
Source Fool.com