Why Ambarella Stock Remains Overpriced Following Its Fourth Quarter Earnings Report
The last year was a pivotal one for video chipmaker Ambarella (NASDAQ: AMBA). After bankrolling some serious coin for a few years from the action camera market, the small hardware maker has been transitioning to more stable commercial and industrial breadwinners like security cameras and automotive technology. That meant an extended period of declining sales, but fiscal 2020 (the 12 months ended January 31, 2020) saw the end of that.
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Source Fool.com