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Ambarella Inc. (AMBA) stock rises during after-hour trading. Here’s the update

BLDE stock

BLDE stock

Ambarella Inc. (NASDAQ: AMBA) stock declined by 1.82% at the last close whereas the AMBA stock price rises by 6.53% in the after-hours trading session. Video surveillance, advanced driver assistance systems (ADAS), electronic mirrors, drive recorders, driver/cabin monitoring, autonomous driving, and robotic applications all employ Ambarella technologies.

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AMBA stock’ Financial Highlights

Ambarella has released its financial results for the second quarter of its fiscal year 2022, which concluded on July 31, 2021.

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Future Expectations

Ambarella is providing the following guidance for the third quarter of fiscal year 2022, which ends on October 31, 2021, based on facts available as of today:

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