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Fly News Breaks for January 14, 2019
AMBA
Jan 14, 2019 | 07:42 EDT
Needham analyst N. Quinn Bolton kept his Hold rating on Ambarella after its CES presentations, saying that while the meetings have highlighted a "cautious demand environment" in the industry, he has turned more "positive on the maturity of the company's CVflow". The analyst notes that the combined third party software running on Ambarella 's CV22 processors "offered similar detection and classification performance to competing systems at very low power levels", adding that he was also "impressed with the company's stereo camera based demonstrations for both near-field and far-field object detection and depth perception."
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